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Friday 13 May 2016

EPIC RESEARCH MCX ALUMINIUM UPDATE OF 13 MAY 2016

Aluminium trading range for the day is 101.2-106.2.      
Aluminium dropped tracking weakness in LME prices ended down 1.2 percent at $1,545 a tonne on worries about global demand.            
Curtailments in China that have raised local prices compared to LME prices have dampened incentive for exports.      
Aluminum daily stocks at Shanghai exchange came down by 3122 tonnes. 

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