Aluminium futures up by 0.41% on pick up in demand 08/08/2016

Aluminium futures up by 0.41% on pick up in demand
08/08/2016 10:43
Aluminium futures were trading higher during the morning trade in the domestic market on Monday as investors and speculators widened their bets amid a surge in physical demand for aluminium in the domestic spot market. At the MCX, aluminium futures for August 2016 contract is trading at Rs 110.40 per kg, up by 0.41 per cent, after opening at Rs 110.10, against a previous close of Rs 109.95. It touched the intra-day high of Rs 110.55 (at 10:29 hours).