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Wednesday 28 September 2016

EPIC RESEARCH MCX ALUMINIUM UPDATE OF 28 SEPTEMBER 2016

Aluminium trading range for the day is 107.3-111.1. Aluminium prices dropped on profit booking after prices gained good demand from Europe, with premiums in that region continuing to trend higher. U.S. consumer confidence improved, while the service sector survey also came in better than expected. Aluminum daily stocks at Shanghai exchange came down by 1455 tonnes.
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