Aluminium
futures were trading down during the today’s morning trade in the household
market on Wed 2016 as members enjoyed trimming their positions in the
mechanical metal in the midst of slide in physical interest for aluminum at the
residential spot advertise.
Promote,
a drop in physical interest for aluminum at the domestic spot market was because of cut down of
positions by brokers in the spot markets, impacted aluminum costs at futures
trade.
At
the MCX, aluminium futures for November 2016 contract is trading at Rs 119.75 /
kg, downward by 0.33 percent, after opening at Rs 119.95, against a previous
close of Rs 120.15. It touched the intra-day low of Rs 119.65
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