Monday, 21 July 2014

CAPITAL STROKE UPDATE 22-July-2014 : MCX ALUMINIUM



Aluminium trading range for the day is 116.9-123.9.
Aluminium prices rebounded and ended with gains offering a lifeline to China’s battered aluminium industry.

Prices also seen supported as falling inventories, smelter closures and a strong demand outlook continue to attract buyers.

Aluminium Premiums added to the LME benchmark price to obtain metal in Europe, North America and Asia climbed to records this year.

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