Sunday 20 July 2014

CAPITAL STROKE UPDATE 21-July-2014 : MCX ALUMINIUM



Aluminium trading range for the day is 117.5-120.3.
Aluminium dropped due to profit booking on weekend after prices rose as a gauge of global inventories dwindled amid signs of higher demand.
Stockpiles monitored by the London Metal Exchange extended a slump to the lowest in 22 months.
Demand remains solid, and available supplies are less than the market envisaged.

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