EPIC RESEARCH MCX ALUMINIUM UPDATE OF 5 JULY 2016

Aluminium trading range for the day is 109.5-113.1.      
Aluminium slipped as prices took a breather after rallying on expectations of stimulus measures in China and Britain.
However downside were limited as industrial firms in China increased their purchases of the metal in liquid form, creating a shortage of ingots.    
Weekly data showed aluminium inventories on the Shanghai Futures Exchange (ShFE) slid 11.5 percent to 163,664 tonnes.

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