Monday 15 September 2014

CAPITAL STROKE UPDATE 15-September-2014 : MCX ALUMINIUM




Aluminium trading range for the day is 121.5-124.7.
Aluminium prices settled flat as the market did not give a significant response after China's M2 grew 12.8% YoY, the lowest for the year.

Industrial value added at large Chinese industrials grew 6.9% YoY in August, shy of expectations and posting the slowest growth since December 2008.

Aluminium weekly stocks at Shanghai exchange came down by 9198 tonnes.

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