Tuesday 26 April 2016

EPIC RESEARCH MCX ALUMINIUM UPDATE OF 26 APRIL 2016

11:33:00

Aluminium trading range for the day is 107.8-111.2.
Aluminium jumped to their highest level in nearly 10 months tracking gains on LME amid optimism about a demand pick-up up in top consumer China.
China’s aluminium output grew 10.3 per cent last year, down from 12.8 per cent in 2014, and was the fourth consecutive year of slowdown.
CRU expects 1.47 million tonnes in aluminium smelting capacity may be resumed this year in China.

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