Tuesday, 6 June 2017

EPIC RESEARCH MCX ALUMINIUM UPDATE OF 06 JUNE 2017

Aluminium trading range for the day is 120.9-124.7. Aluminium prices dropped as LME aluminium ended down 1.5 percent at $1,903 as pressure seen amid signs of slowing growth in China. U.S. services sector activity slowed in May as new orders tumbled, but a jump in employment to a near two-year high pointed to sustained labor market strength. China's economy is likely to have remained on a stable footing in May, buoyed by solid gains in trade and investment.

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