EPIC RESEARCH MCX ALUMINIUM UPDATE OF 21 JUNE 2016

Aluminium trading range for the day is 107-111.4.          
Aluminium gained tracking 1.1 percent rise in LME prices despite data showing its production in China rose 4.1 percent in May compared to April.     
Aluminium's gains this year of about 8 percent could be vulnerable to additional supply after Chinese smelters restarted on the back of firmer prices.  Aluminum daily stocks at Shanghai exchange came down by 4104 tonnes.

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