Spot demand lifts aluminium futures by 0.10% 26/10/2018
Spot demand lifts aluminium futures by 0.10%
26/10/2018 12:37
Aluminium futures were trading higher during the noon trade in the domestic market on after speculators built up fresh positions amid an uptick in demand at the spot market. Analysts said fresh positions created by traders after demand form consuming industries picked up in the physical market, mainly led to the rise in aluminium prices at futures trade. At the MCX, aluminium futures for October 2018 contract is trading at Rs 144.70 per kg, up by 0.10 per cent, after opening at Rs 144.70, against a previous close of Rs 144.55. It touched the intra-day high of Rs 145.0 (at 12:20 hours).
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Spot demand lifts aluminium futures by 0.10%
26/10/2018 12:37
Aluminium futures were trading higher during the noon trade in the domestic market on after speculators built up fresh positions amid an uptick in demand at the spot market. Analysts said fresh positions created by traders after demand form consuming industries picked up in the physical market, mainly led to the rise in aluminium prices at futures trade. At the MCX, aluminium futures for October 2018 contract is trading at Rs 144.70 per kg, up by 0.10 per cent, after opening at Rs 144.70, against a previous close of Rs 144.55. It touched the intra-day high of Rs 145.0 (at 12:20 hours).
