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Friday, 7 April 2017

EPIC RESEARCH MCX ALUMINIUM UPDATE OF 07 April 2017

Aluminium futures were trading higher during morning trade in the domestic market on Friday as investors and speculators build up fresh bets in the industrial metal amid surge in physical demand for aluminium at the domestic spot market. Further, an uptick in physical demand for aluminium at the domestic spot market was led by widening of positions by traders in the spot markets, supported aluminium prices at futures trade. At the MCX, aluminium futures for April 2017 contract is trading at Rs 126 per kg, up by 0.20 per cent, after opening at Rs 125.90, against a previous close of Rs 125.75.

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