Tuesday 18 March 2014

CAPITAL STROKE COMMODITY UPDATE 19 MARCH 2014: MCX ALUMINIUM



Aluminium trading range for the day is 103.3-104.9.

Aluminium rose as the geopolitical crisis in Ukraine overnight didn’t further escalate, while US economic reports also showed some improvement

In Europe, the ZEW’s current conditions index for Germany and euro zone both picked up, but ZEW Economic Expectations declined

Aluminium daily stocks at Shanghai exchange came down by 1730 tonnes

Warehouse stock for Aluminium at LME was at 5227200mt that is down by -9275mt

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