EPIC RESEARCH MCX ALUMINIUM UPDATE OF 2 JUNE 2016

Aluminium trading range for the day is 103.2-107.8.      
Aluminium prices gained as support seen as LME stocks continue to trend lower, fallen a net 369,375 tonnes or 12.8 percent so far this year.              
China's manufacturing activity showed signs of steadying in May but remained weak reflecting soft demand at home and abroad.              
Aluminum daily stocks at Shanghai exchange came down by 1973 tonnes.

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