EPIC RESEARCH MCX ALUMINIUM UPDATE OF 8 JUNE 2016
Posted by Unknown on 11:41:00 with No comments
Aluminium trading range for
the day is 102.9-105.1.
Aluminium gains as prices recovered as the dollar fell, after prices dropped earlier due to weak demand growth in China.
China’s foreign exchange reserves dropped by $27.98 billion last month to $3.19 trillion, according to data released by the People's Bank of China. Aluminum daily stocks at Shanghai exchange came down by 5888 tonnes.
Aluminium gains as prices recovered as the dollar fell, after prices dropped earlier due to weak demand growth in China.
China’s foreign exchange reserves dropped by $27.98 billion last month to $3.19 trillion, according to data released by the People's Bank of China. Aluminum daily stocks at Shanghai exchange came down by 5888 tonnes.
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