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Friday, 22 April 2016

EPIC RESEARCH MCX ALUMINIUM UPDATE OF 22 APRIL 2016

Aluminium trading range for the day is 106-110.2.         
Aluminium prices ended with gains amid worries about tight supply created by a rising tide of cancelled warrants.     
Also recent support seen as the lower production in the preceding months will not last given that aluminium prices have picked up considerably.             
Aluminium daily stocks at Shanghai exchange came down by 7230 tonnes.

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