EPIC RESEARCH MCX ALUMINIUM UPDATE OF 1 JUNE 2016

Posted by Farhan Khan on 11:46:00 with No comments
Aluminium trading range for the day is 103.7-105.5.      
Aluminium dropped taking a hit from a strong dollar after U.S. consumer spending blew past expectations and raised prospects of an interest rate rise soon.
Activity in China's manufacturing sector expanded marginally in May, an official survey showed, slightly better than market expectations.  
Aluminum daily stocks at Shanghai exchange came down by 8485 tonnes. 


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