Friday 24 June 2016

EPIC RESEARCH MCX ALUMINIUM UPDATE OF 24 JUNE 2016

Aluminium trading range for the day is 109-110.6. Aluminium gained as opinion polls indicating that Britons favour staying in the European Union boosted sentiment Aluminium smelters in China could cut output if prices fall below 12,000 yuan and towards 11,500 yuan. Output cuts by China's major aluminium producers would be offset by expansion in the collective output of the country's many smaller players.      
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