EPIC RESEARCH MCX ALUMINIUM UPDATE OF 3 JUNE 2016

Aluminium trading range for the day is 101.7-107.5.      
Aluminium dropped as prices failed to sustain their April gains despite the large boost to Chinese credit growth early this year.    
The latest data releases on Chinese trade, production, investment and credit suggest that the economy's burst of life is unlikely to last.              
Aluminum daily stocks at Shanghai exchange came down by 2225 tonnes.    

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