EPIC RESEARCH MCX ALUMINIUM UPDATE OF 22 JULY 2016

Posted by Farhan Khan on 11:44:00 with No comments
Aluminium trading range for the day is 105.2-109.8.      
Aluminium prices dropped as pressure came after aluminum stockpiles in LME-tracked warehouses climbed for the first time in 90 sessions.      
Norsk Hydro ASA raised its annual global aluminum demand-growth forecast to 4 percent to 5 percent for 2016.          
Aluminum daily stocks at Shanghai exchange came down by 2199 tonnes.


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