EPIC RESEARCH MCX ALUMINIUM UPDATE OF 14 Oct 2016

Aluminium trading range for the day is 111.1-113.7.Aluminium on MCX settled up 0.71% at 112.75, tracking firmness in LME prices closing up 0.5 percent at $1,692.Stocks of aluminium in LME warehouses have fallen more than 25 percent since March to 2.12 million tonnes, which has tightened the LME market.Import prices in the U.S. saw a modest uptick in the month of September, according to a report released by the Labor Department.


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