Friday 19 September 2014

CAPITAL STROKE UPDATE 19-September-2014 : MCX ALUMINIUM



Aluminium trading range for the day is 117.9-120.9.

Aluminum dropped as the appeal of commodities as a store of value reduced, after US inflation unexpectedly fell from July to August.

Data showed that new home prices in China rose at annualized rate of 0.5% in August, below expectations for a gain of 2.3%

Aluminium daily stocks at Shanghai exchange came down by 2553 tonnes.

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