EPIC RESEARCH MCX ALUMINIUM UPDATE OF 28 JULY 2016
Posted by Unknown on 11:51:00 with No comments
Aluminium trading range for
the day is 105.7-107.3.
Aluminium prices dropped below 106.50 on persistent worries about oversupply from China
Chinese smelter restarts there units which previously shutdowns due to the price recovery.
Also the new capacity coming on line again helps bring sufficient output to meet the demand.
Aluminium prices dropped below 106.50 on persistent worries about oversupply from China
Chinese smelter restarts there units which previously shutdowns due to the price recovery.
Also the new capacity coming on line again helps bring sufficient output to meet the demand.
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