Aluminium Futures Rise On Uptick In Demand

Aluminium futures were trading higher during the morning trade in the domestic market on Friday as participants widened their positions amidst uptick in physical demand for aluminium in the domestic spot market. Further, a rise in demand for aluminium at the domestic spot market was led by building up of fresh positions by participants in the spot markets, supported aluminium prices at futures trade.

 

At the MCX, aluminium futures for September 2016 contract is trading at Rs 108.60 per kg, up by 0.28 per cent, after opening at Rs 108.35, against a previous close of Rs 108.30. It touched the intra-day high of Rs

 

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