Thursday, July 5, 2012

Aluminium Updates

Aluminium trading range for the day is 105.53-107.63.Aluminium dropped slightly as as the euro weakened to push the US dollar index above 82Fundaments within China have changed little, pressure from recent power rate cuts still exists.Aluminium daily stocks at Shanghai exchange came down by 2637 tonnesWarehouse stock for Aluminium at LME was at 4805775mt that is down by -6850mt.

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