Sunday 28 September 2014

CAPITAL STROKE COMMODITY UPDATE 29-SEP-2014 : MCX ALUMINIUM



Aluminium trading range for the day is 117.1-119.3.

Aluminium settled down as pressure seen after Euro zone economic data released were sluggish.

Higher aluminium prices have prompted some Chinese smelters to abandon production cutbacks and are seen leading to restarts of other plants.

Aluminium weekly stocks at Shanghai exchange came down by 21722 tonnes.

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