Thursday 5 June 2014

CAPITAL STROKE UPDATE 6-June-2014 : MCX ALUMINIUM


Aluminium trading range for the day is 106.9-110.7.
Aluminium gains as investors bet that material tied up in warehouse backlogs would remain off the market due to extended legal wrangling.Prices also seen supported amid signs Indonesia will keep barring ore exports.
LME said it decided to appeal against a court ruling that halted a reform aimed at cutting backlogs at its global warehouse network.

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