Tuesday 4 July 2017

EPIC RESEARCH MCX ALUMINIUM UPDATE OF 04 JULY 2017

Aluminium trading range for the day is 123.7-125.7. Aluminium gains as support seen after survey showed a jump in U.S. factory activity in June. China's manufacturing sector reversed into growth mode in June, expanding at the fastest pace in three months after unexpectedly contracting in May. The market will be keeping a close eye on China's industrial production, investment, trade and property data over coming weeks for further clues on demand strength.

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