EPIC RESEARCH MCX ALUMINIUM UPDATE OF 10 JUNE 2016

Aluminium trading range for the day is 103.2-109.          
Aluminium dropped as headwinds from a looming U.S. rate hike that has boosted the dollar added to pressure from tepid physical demand China.           The number of Americans filing for unemployment benefits unexpectedly fell last week, pointing to sustained strength in the labor market.      
China has agreed to eliminate export subsidies raised expectations of a slowdown in the massive flow of aluminium products..

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