EPIC RESEARCH MCX ALUMINIUM UPDATE OF 29 JULY 2016

Aluminium trading range for the day is 106.1-107.7.       
Aluminium climbed away from its lowest level after the US Fed stopped short of signalling a near-term interest rate rise.                
Rusal reported a 5% rise in half-year aluminium sales volumes mainly due to the start-up of its Boguchansky smelter. 
Norway's Norsk Hydro has just revised upwards its Chinese demand growth forecast for this year to 5-7 percent

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