Aluminium futures climb 1.27% on uptick in demand 16/08/2016

Aluminium futures climb 1.27% on uptick in demand
16/08/2016 11:03
Aluminium futures were trading higher during the morning trade in the domestic market on Tuesday as participants indulged in building up of fresh positions amidst boost in physical demand for aluminium in the domestic spot market. At the MCX, aluminium futures for August 2016 contract is trading at Rs 111.55 per kg, up by 1.27 per cent, after opening at Rs 110.35, against a previous close of Rs 110.15. It touched the intra-day high of Rs 111.60 (at 10:58 hours).