EPIC RESEARCH MCX ALUMINIUM UPDATE OF 18 JULY 2016

Aluminium trading range for the day is 109.7-114.5.      
Aluminium dropped tracking after stronger than expected U.S. economic data after LME closed down 1.4 percent at $1,659 after hitting $1,703.      
Aluminum stocks in China’s five major markets have been falling steadily for months, but a turning point is on the horizon.              
Aluminum weekly stocks at Shanghai exchange came down by 5263 tonnes.

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