ZOID RESEARCH 1-APR-2014 : ALUMINIUM

Aluminum’s 3 month forward prices at the LME rose for three consecutive trading sessions and ended the day at $1785, up by $27 from the previous close. Therefore, the MCX April futures ended the day at Rs 106.25, up by Rs. 1.75 from its previous close. Aluminum has been the outperformer among its peers. We believe that the inventory performances have been playing a major role in determining the price trend of Aluminum in the recent past. This has been 9th consecutive trading session that saw stocks declining, which
is keeping the prices higher.

Try once at www.zoidresearch.com or contact us @ 9039073611.