Mcx Commodity News for Lead, Aluminium : Morning Session - 25.10.2016

Mcx Commodity Market News : Morning Session 

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Uptick in demand lifts lead futures by 1.40%
25/10/2016 11:05
Lead futures were trading higher during the morning trade in the domestic market on Tuesday as investors and speculators extended their positions in the industrial metal led by rise in physical demand for lead, from battery-makers, in the domestic spot market.
Further, an increase in physical demand from battery-makers in the domestic spot market, supported prices of lead at futures trade. At the MCX, lead futures for October 2016 contract is trading at Rs 137.20 per kg, up by 1.40 per cent, after opening at Rs 135.65, against a previous close of Rs 135.30. It touched the intra-day high of Rs 137.30 (at 11:04 hours).

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Aluminium futures rise on upbeat physical demand
25/10/2016 11:01
Aluminium futures were trading higher during the morning trade in the domestic market on Tuesday as participants indulged in widening their bets in the industrial metal amidst rise in physical demand for aluminium in the domestic spot market.
Further, an increase in demand for aluminium at the domestic spot market was led by building up of fresh positions by investors in the spot markets, supported aluminium prices at futures trade.
At the MCX, aluminium futures for October 2016 contract is trading at Rs 110.50 per kg, up by 1.33 per cent, after opening at Rs 109.30, against a previous close of Rs 109.05. It touched the intra-day
high of Rs 110.75 (at 10:58 hours).