On Thursday Aluminium was futures were trading high during today’s trade in the domestic market as a investors and speculators widened their bets in the industrial metal amid increase in physical demand for aluminium at the domestic spot market.
Further, surge in physical demand for aluminium at the domestic spot market was led by building up of fresh positions by traders in the spot markets, supported aluminium prices at futures trade.
At the MCX, aluminium futures for March 2017 contract is trading at Rs 126.45 per kg, up by 0.16 %, after opening at Rs 126, against an earlier close of Rs 126.25. It touched the intraday high of Rs 126.50.
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