EPIC RESEARCH MCX ALUMINIUM UPDATE OF 15 JUNE 2016

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Aluminium trading range for the day is 106.2-109.          
Aluminium gained supported by a tight LME market due to high cancelled warrants and on evidence that Chinese growth is stabilizing.    
U.S. import prices recorded their biggest increase in more than four years in May pointing to firming inflation as the drag from a strong dollar and lower oil prices fades.
Aluminum daily stocks at Shanghai exchange came up by 1278 tonnes.


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