Thursday, 4 September 2014

CAPITAL STROKE UPDATE 4-September-2014 : MCX ALUMINIUM



Aluminium trading range for the day is 123.3-128.7.
Aluminium dropped due to profit-taking after the news hit that Russia and Ukraine reached a cease-fire agreement

The Russian aluminum giant expects global aluminum consumption to increase 6.5% to 55 million tonnes in 2014.

Factory growth in China slowed last month, indicating a recovery in the broader economy remains fragile and may need further government stimulus.

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