EPIC RESEARCH MCX ALUMINIUM UPDATE OF 28 JUNE 2016

Aluminium trading range for the day is 106.6-110.2.      
Aluminium prices dropped amid worries that recent gains could mean Chinese smelters restarting shuttered output.
Some Japanese aluminium buyers have agreed to pay producers a premium of $90 per tonne for metal to be shipped in the July-September quarter      
Aluminium stocks held at three major Japanese ports climbed for the first time in nine months in May due to an increase in imports.

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