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Friday 5 February 2016

EPIC RESEARCH MCX ALUMINIUM UPDATE OF 5 FEBRUARY 2016

Aluminium trading range for the day is 103.2-105.6.      
Aluminium prices ended with gains as the dollar index slumped to a three-month low sparking demand for metals.   
Aluminium LME stocks cancelled warrants climbed 12,100 tonnes to 891,025 tonnes.   
Chinese metal traders are likely to take longer than usual Lunar New Year holidays this year, betting that spot demand for metals will stay weak

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