Tuesday, 13 June 2017

EPIC RESEARCH MCX ALUMINIUM UPDATE OF 13 JUNE 2017

Aluminium trading range for the day is 120.5-122.7. Aluminium dropped as pressure seen after update China may be building up stocks ahead of this winter’s planned cuts.Miner Alcoa said it had restarted half the capacity at its 300,000 tonnes per year Portland smelter in Australia crippled by a blackout half a year ago. London Metal Exchange stocks continue to trend lower but SHFE stocks continue to rise.



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