EPIC RESEARCH MCX ALUMINIUM UPDATE OF 19 AUGUST 2016

Posted by Anmol Shah on 12:01:00 with No comments


Aluminium trading range for the day is 110.9-114.3. Aluminium dropped on profit booking as pressure seen on prices after continuous rise in LME stocks for second consecutive day. The World Bureau of Metal Statistics said the primary aluminium market in the first half of the year saw a deficit of 479,000 tonnes. Aluminum daily stocks at Shanghai exchange came down by 727 tonnes. 
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