Wednesday 17 September 2014

CAPITAL STROKE UPDATE 17-September-2014 : MCX ALUMINIUM



Aluminium trading range for the day is 119.2-124.4.

Aluminum climbed on speculation that recent price declines were excessive buoyed up by positive news from China and the US.

The US Fed said that it will keep interest rate at current ultra-low level for a long time to come, sending the US dollar down.

Aluminium daily stocks at Shanghai exchange came down by 1299 tonnes.

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