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Thursday 30 June 2016

EPIC RESEARCH MCX ALUMINIUM UPDATE OF 30 JUNE 2016

Aluminium trading range for the day is 108.6-110.4.      
Aluminium prices settled flat as producers sold to lock in firmer prices, despite of 0.7% rise in LME prices.        
There was also concern that China, after signs of curbing aluminium output late last year, was gradually increasing output again.  
Aluminum daily stocks at Shanghai exchange came down by 1766 tonnes.
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