EPIC RESEARCH MCX ALUMINIUM UPDATE OF 20 JULY 2016

Aluminium trading range for the day is 108.3-111.7.      
Aluminium dropped as LME prices ended down 0.8 percent at $1,647 amid speculation that credit conditions in China, will curb demand.  
U.S data showed housing starts rose more than expected in June as construction activity increased.    
The IMF cut its global growth forecasts for the next two years, citing uncertainty over Britain's looming exit from the European Union.

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