Wednesday 9 April 2014

CAPITAL STROKE COMMODITY UPDATE 10 APRIL 2014 : MCX ALUMINIUM


Aluminium trading range for the day is 107.4-112.6.
Aluminium rose after support seen on the news update from Alcoa forecast that global aluminum demand will exceed production this year
The minutes released Wednesday effectively eased market angst over the Fed’s possible rate hikes.
Aluminium daily stocks at Shanghai exchange came up by 598 tonnes.


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