EPIC RESEARCH MCX ALUMINIUM UPDATE OF 31 MAY 2016

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Aluminium trading range for the day is 103.1-104.3.      
Aluminium settled flat as downside were limited as support came as aluminum stocks in China’s major markets fell at a much faster pace.          
A major aluminium producer has offered Japanese buyers a premium of $110 per tonne for July-September primary metal shipments.          
Aluminum daily stocks at Shanghai exchange came down by 5067 tonnes.

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