Tuesday, 10 June 2014

CAPITAL STROKE UPDATE 11-June-2014 : MCX ALUMINIUM



Aluminium trading range for the day is 109.8-113.4.
Aluminium prices retreated from recent highs as traders took profits, but the term outlook for the metals remains upbeat.
A small deficit in the aluminium market in the first half is however expected to disappear as large projects come on line, mostly in China.

Aluminium daily stocks at Shanghai exchange came down by 807 tonnes.

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