Monday 14 April 2014

CAPITAL STROKE COMMODITY UPDATE 15 APRIL 2014 : MCX ALUMINIUM



Aluminium trading range for the day is 111.3-112.9.
Aluminium prices settled flat after data showed US March retail sales rose 1.1%, the largest growth in one and 1/2 years.
Japanese aluminium buyers will mostly pay record high premiums of $365-$370 per tonne over LME prices for April-June shipments

Aluminium daily stocks at Shanghai exchange came up by 42163 tonnes.

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