Aluminium futures edge higher on spot demand
13/07/2018
Aluminium futures edge higher on spot demand
13/07/2018 12:06
Aluminium futures were trading higher during the noon trade in the domestic market on Friday as speculators built up fresh positions following uptick in demand at the spot market.
Analysts said fresh positions created by participants due to improved demand from consuming industries in the physical market influenced aluminium prices in futures trade.
At the MCX, aluminium futures for July 2018 contract is trading at Rs 139.50 per kg, up by 0.07 per cent, after opening at Rs 140.00, against a previous close of Rs 139.40. It touched the intra-day high of Rs 140.10 (at 12:05 hours)
13/07/2018
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Aluminium futures edge higher on spot demand
13/07/2018 12:06
Aluminium futures were trading higher during the noon trade in the domestic market on Friday as speculators built up fresh positions following uptick in demand at the spot market.
Analysts said fresh positions created by participants due to improved demand from consuming industries in the physical market influenced aluminium prices in futures trade.
At the MCX, aluminium futures for July 2018 contract is trading at Rs 139.50 per kg, up by 0.07 per cent, after opening at Rs 140.00, against a previous close of Rs 139.40. It touched the intra-day high of Rs 140.10 (at 12:05 hours)
