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Thursday 28 April 2016

EPIC RESEARCH MCX ALUMINIUM UPDATE OF 28 APRIL 2016

Aluminium trading range for the day is 107.4-110.8.      
Aluminium gains tracking gains on the London Metal Exchange amid optimism on demand picking up in China.             
Aluminum’s average price over the past 50 days this week climbed above its 200-day average for the first time since January 2015.   
Norsk Hydro, said the global primary metal market was largely balanced this year, but it added that global inventories remained high.

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