Thursday 21 August 2014

CAPITAL STROKE UPDATE 22-July-2014 : MCX ALUMINIUM



Aluminium trading range for the day is 123.2-126.

Aluminum retreated from highs as industrial metals declined after worse-than-expected manufacturing data from China.

HSBC’s flash China manufacturing PMI for August came in at 50.3, missing forecasts and down from the previous reading.

Aluminium daily stocks at Shanghai exchange came down by 2726 tonnes.

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