The Economic Times
Indian Aluminium futures rise in domestic market
Edited by : AL CIRCLE
1 min read
Taking positive cues from the global markets and rising spot market demand, aluminium prices edged up by 0.39 per cent to Rs 102.35 per kg at futures market.
At the Multi Commodity Exchange, aluminium for delivery in October gained 40 paise, or 0.39 per cent, to Rs 102.35 per kg, with a business turnover of 204 lots.
Similarly, the metal for delivery in November traded higher by 35 paise, or 0.34 per cent, to Rs 104.15 per kg, with a business turnover of 124 lots.
Marketmen said the rise in aluminium prices at futures trade was in line with a firming trend in base metals at the London Metal Exchange amid increasing demand from domestic consuming industries.
At the Multi Commodity Exchange, aluminium for delivery in October gained 40 paise, or 0.39 per cent, to Rs 102.35 per kg, with a business turnover of 204 lots.
Similarly, the metal for delivery in November traded higher by 35 paise, or 0.34 per cent, to Rs 104.15 per kg, with a business turnover of 124 lots.
Marketmen said the rise in aluminium prices at futures trade was in line with a firming trend in base metals at the London Metal Exchange amid increasing demand from domestic consuming industries.
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