The Indian Express
Alumininum futures edges up 0.27%
Edited by : AL CIRCLE
1 min read
New Delhi Aluminium futures gained 0.27 per cent today after speculators enlarged their positions, driven by firming trend at the London Metal Exchange (LME).
At the Multi Commodity Exchange, aluminium for delivery in current month gained 30 paise, or 0.27 per cent, to Rs 110.50 per kg, with a business turnover of 64 lots.
The metal for delivery in February also strengthened by 25 paise, or 0.22 per cent, to Rs 111.50 per kg, with a trading volume of four lots.
Meanwhile, at the LME aluminium rose 0.5 per cent to USD 2,215 per tonne.
Analysts said firming trend in the entire base metals at the LME after positive US economic data, influenced aluminium futures prices here.
At the Multi Commodity Exchange, aluminium for delivery in current month gained 30 paise, or 0.27 per cent, to Rs 110.50 per kg, with a business turnover of 64 lots.
The metal for delivery in February also strengthened by 25 paise, or 0.22 per cent, to Rs 111.50 per kg, with a trading volume of four lots.
Meanwhile, at the LME aluminium rose 0.5 per cent to USD 2,215 per tonne.
Analysts said firming trend in the entire base metals at the LME after positive US economic data, influenced aluminium futures prices here.
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