Aluminium futures tad higher by 0.18% on spot demand 07/11/2017

Aluminium futures tad higher by 0.18% on spot demand
07/11/2017 13:02


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Aluminium futures tad higher by 0.18% on spot demand
07/11/2017 13:02
Aluminium futures were trading higher during the noon trade in the domestic market on Tuesday 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 139.90 per kg, up by 0.18 per cent, after opening at Rs 140.00, against a previous close of Rs 139.65. It touched the intra-day high of Rs 140.20 (at 12:50 hours).