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Thursday, 19 May 2016

EPIC RESEARCH MCX ALUMINIUM UPDATE OF 19 MAY 2016

Aluminium trading range for the day is 102-105.6.         
Aluminium prices ended with gains on signs that Chinese smelters have curtailed production, paring a ballooning surplus.              
RUSAL estimates that global aluminium demand rose by 5.6% year-on-year during the first quarter of this year to 14 million tons     
Aluminum daily stocks at Shanghai exchange came down by 3237 tonnes.    

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