07 AUGUST 2014Business Standard
Aluminium futures gain 0.24% on pick-up in demand
Edited by : AL CIRCLE
1 min read
Aluminium prices edged up by 0.24% to INR 123.15 per kg in futures trade today as speculators enlarged positions due to pick-up in demand at the spot market.
At the Multi Commodity Exchange, aluminium for delivery in August moved up marginally by 25 paise, or 0.24%, to INR 123.15 per kg in a business turnover of 308 lots.
Likewise, the metal for delivery in September traded higher by 30 paise, or 0.24%, to INR 123.55 per kg in eight lots.
Market analysts attributed the rise in aluminium futures to pick-up in demand in the spot market.
At the Multi Commodity Exchange, aluminium for delivery in August moved up marginally by 25 paise, or 0.24%, to INR 123.15 per kg in a business turnover of 308 lots.
Likewise, the metal for delivery in September traded higher by 30 paise, or 0.24%, to INR 123.55 per kg in eight lots.
Market analysts attributed the rise in aluminium futures to pick-up in demand in the spot market.
Unlock full access – sign up for FREE.
Key benefits
Find exclusive data-driven insights and in-depth analysis
Get our daily newsletter delivered straight to your inbox
Access real-time and historical price trends from global indices
Post and respond to latest business leads
Stay ahead with alerts on learning tools
...and so much more!SIGN UP / LOGIN
Previous article
Century Aluminum stock jumps 5.5%
Next articleJNARDDC sucessfully concludes national conference on “Energy Efficiency Opportunities and Challenges in Aluminium Industries" on 4th and 5th August,
Grow with
AL Circle
