Thursday 19 June 2014

CAPITAL STROKE UPDATE 19-June-2014 : MCX ALUMINIUM



Aluminium trading range for the day is 108.2-112.6.
Aluminium gains as support seen after China’s Premier said he is confident that China will meet its economic growth target of 7.5% this year.
The market will continue to absorb positive effects from Premier Li’s statement and the Fed’s interest rate decision

Aluminium daily stocks at Shanghai exchange came down by 5546 tonnes.

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