Wednesday, 12 March 2014

CAPITAL STROKE COMMODITY UPDATE 13 MARCH 2014: MCX ALUMINIUM

Aluminium trading range for the day is 104.3-107.3.

Aluminium ended with gains as prices recovered from lows on short covering amid recovery in other base metals prices

Markets are eyeing more economic data from China to determine the state of the economy, after a recent bond default

Aluminium daily stocks at Shanghai exchange came up by 9530 tonnes

Warehouse stock for Aluminium at LME was at 5266800mt that is down by -9875mt.

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