EPIC RESEARCH MCX ALUMINIUM UPDATE OF 28 JULY 2016

Aluminium trading range for the day is 105.7-107.3.      
Aluminium prices dropped below 106.50 on persistent worries about oversupply from China  
Chinese smelter restarts there units which previously shutdowns due to the price recovery.  
Also the new capacity coming on line again helps bring sufficient output to meet the demand.

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