Thursday 11 September 2014

CAPITAL STROKE UPDATE 11-September-2014 : MCX ALUMINIUM



Aluminium trading range for the day is 122.8-126.

Aluminium prices ended with losses depressed by weakening fundamentals with a dearth of major news.

Chinese Premier Li Keqiang said that China’s M2 YoY growth slowed to 5-month low of 12.8% in August, sparking concerns of a slowdown.

Aluminium daily stocks at Shanghai exchange came down by 3372 tonnes.

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