Aluminium futures surge on robust demand
16/11/2017
Aluminium futures surge on robust demand
16/11/2017 15:39
Aluminium futures were trading higher in the domestic market on Thursday as speculators created fresh positions amid improved demand in the spot market.
Analysts said fresh positions built up by participants after uptick in demand from consuming industries in the physical market mainly influenced aluminium prices at futures trade.
At the MCX, aluminium futures for November 2017 contract is trading at Rs 137.45 per kg, up by 0.37 per cent, after opening at Rs 137.50, against a previous close of Rs 136.95. It touched the intra-day high of Rs 137.70 (at 15:40 hours).
16/11/2017
Commodity Segment
Free Intraday Tips : Join Our Whatsapp No : 9841986753
Free Commodity Tips : Join our Whatsapp No : 9094047040
Aluminium futures surge on robust demand
16/11/2017 15:39
Aluminium futures were trading higher in the domestic market on Thursday as speculators created fresh positions amid improved demand in the spot market.
Analysts said fresh positions built up by participants after uptick in demand from consuming industries in the physical market mainly influenced aluminium prices at futures trade.
At the MCX, aluminium futures for November 2017 contract is trading at Rs 137.45 per kg, up by 0.37 per cent, after opening at Rs 137.50, against a previous close of Rs 136.95. It touched the intra-day high of Rs 137.70 (at 15:40 hours).
