Tuesday 17 June 2014

CAPITAL STROKE UPDATE 18-June-2014 : MCX ALUMINIUM



Aluminium trading range for the day is 108.6-110.8.
Aluminium ended with gains speculation that demand will stabilize in China and the U.S.
In the first five months of 2014, aluminium production increased 7.9 percent year-on-year to 9.588 million tonnes.

Firm prices prompted aluminium smelters to stop closing high-cost capacity, while some smelters had restarted some idle capacity.

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