Uptick in demand lifts aluminium futures by 0.52%
07/09/2016 10:57
Aluminium futures were trading higher during the morning trade in the domestic market on Wednesday as participants indulged in building up of fresh positions amidst increase in physical demand for aluminium in the domestic spot market. Further, uptick in demand for aluminium at the domestic spot market was mainly on account of widening of fresh bets by participants in the spot markets, supported aluminium prices at futures trade. At the MCX, aluminium futures for September 2016 contract is trading at Rs 105.55 per kg, up by 0.52 per cent, after opening at Rs 105.40, against a previous close of Rs 105. It touched the intra-day high of Rs 105.65 (at 10:57 hours).
07/09/2016 10:57
