Thursday, 1 June 2017

EPIC RESEARCH MCX ALUMINIUM UPDATE OF 1 JUNE 2017

Aluminium trading range for the day is 125-127.4.Aluminium ended with losses tracking LME prices as pressure seen after rise in LME warehouse stocks by 25900 tonnes.Pressure also seen as Chinese exports of semi-finished products rose 8.1 per cent in April to 380,000 tonnes.However downside seen limited as uncertainty over future production in China, which produces more than half the world's aluminium.



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