Tuesday 26 August 2014

CAPITAL STROKE UPDATE 26-July-2014 : MCX ALUMINIUM




Aluminium trading range for the day is 123.6-126.
Aluminium gained as support seen after news that Alcoa plans to permanently shut its 150ktpa Portovesme aluminium smelter in Italy.

US new home sales fell unexpectedly in July to a refreshed 4-month low, down for a second consecutive month.

Aluminium daily stocks at Shanghai exchange came down by 2754 tonnes.

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