Sunday 6 April 2014

CAPITAL STROKE UPDATE 7 APRIL 2014 : MCX ALUMINIUM



Aluminium trading range for the day is 106.2-111.2.
Aluminium dropped due to profit booking after prices seen supported as orders to withdraw the metal from warehouses surged while producers curb output.
Canceled warrants, as the orders are known, jumped the most this week since December 2012, London Metal Exchange data showed.
Aluminium weekly stocks at Shanghai exchange came up by 10264 tonnes.


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