NewsPrimary ALMCX Aluminium find strength on improving demand
24 AUGUST 2011commodity online

MCX Aluminium find strength on improving demand

Edited by : AL CIRCLE
1 min read
MCX Aluminium find strength on improving demand
Aluminium yesterday traded with the negative node and settled at 106.30 due to stronger US dollar and market concerns over the global economic growth.

MCX Aluminium August delivery contract rose by 0.42 percent to 106.85 rupees per kilogram. Prices are looking slightly bearish below 110 rupees per kilogram. Immediate support looks at 104 and resistance stays at 110 rupees for coming days.

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