Wednesday, 1 October 2014

CAPITAL STROKE UPDATE 1 October 2014 : MCX ALUMINIUM



Aluminium trading range for the day is 118.7-122.5.

Aluminium dropped pummelled by a stronger dollar and concerns swelling supply could overwhelm fragile demand growth in China.

Market sees aluminum surplus to expand to 1 million tonnes next year from 600,000 tonnes this year

Aluminium daily stocks at Shanghai exchange came down by 6699 tonnes.

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