EPIC RESEARCH MCX ALUMINIUM UPDATE OF 25 MAY 2017

Aluminium trading range for the day is 124.6-127.4.Aluminium dropped LME prices gained 0.1 percent to close at $1,945 amid deepening global shortage of aluminium.Moody's cited the growing leverage in China for the downgrade, and warned about slowing economic growth. New U.S. single-family home sales tumbled from near a 9-1/2-year high in April, but the housing recovery likely remains intact amid a tightening labor market.



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