Home / MCX Metals / MCX Metals: Aluminium futures rises on spot demand, overseas cues

MCX Metals: Aluminium futures rises on spot demand, overseas cues

Aluminum prices rose 0.41% to Rs 110.55 per kg in futures trade today as participants extended positions, supported by a firming trend overseas.

The heavy demand in the spot markets also influenced the metal prices.

At MCX, aluminum for delivery in January rose by 45 paise, or 0.41%, to Rs 110.55 per kg in turnover of 3 lots.

Similarly, the metal for December delivery quoted higher by 35 paise, or 0.32%, to Rs 108.80 per kg in 72 lots.

Marketmen said besides increasing in domestic demand, a firming global trend helped aluminum futures to trade higher.

Reported PTI: Business Standard

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