Thursday, 15 May 2014

CAPITAL STROKE COMMODITY UPDATE 15 MAY 2014 : MCX ALUMINIUM

Aluminium trading range for the day is 104.1-106.7.
Aluminium gained boosted by opportunistic buying and signs that China's government is willing to step in to prop up economic growth.
Spot aluminium stockpiles continued to fall in China as a lower Shanghai-London price ratio increased export orders for the metal products

Aluminium daily stocks at Shanghai exchange came up by 365 tonnes.
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