Tag: Aluminium

Aluminium futures up 0.29% on upbeat demand

Aluminium futures up 0.29% on upbeat demand

31/07/2017 14:09

Aluminium futures were trading higher during the noon trade in the domestic market on Monday taking positive cues from spot market on pick-up in demand.

Analysts said widening of positions by participants due to pick up in demand from consuming industries in the spot market mainly influenced aluminium prices at futures trade.

At the MCX, aluminium futures for July 2017 contract is trading at Rs 121.50 per kg, up by 0.29 per cent, after opening at Rs 121.35, against a previous close of Rs 121.15. It touched the intra-day high of Rs 122.05 (at 14:15 hours).

Advertisements

Aluminium futures little changed as demand picks up

14/03/2017 11:02

Aluminium futures were little changed during morning trade in the domestic market on Tuesday as participants build up fresh bets in the industrial metal amid rise in physical demand for aluminium at the domestic spot market.

Further, an increase in physical demand for aluminium at the domestic spot market was led by widening of bets by traders in the spot market, supported aluminium prices at futures trade.

At the MCX, aluminium futures for March 2017 contract is trading at Rs 124 per kg, up by 0.08 per cent, after opening at Rs 124.10, against a previous close of Rs 123.90. It touched the intra-day high of Rs 124.35 (at 11:02 hours).

Aluminium futures keep head above water

Aluminium futures keep head above water

02/02/2017 11:02

Aluminium futures rose during morning trade in the domestic market on Thursday as investors and speculators build up fresh bets in the industrial metal amid increase in physical demand for aluminium at the domestic spot market.

Further, a rise 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 February 2017 contract is trading at Rs 122.70 per kg, up by 0.41 per cent, after opening at Rs 122.40, against a previous close of Rs 122.20. It touched the intra-day high of Rs 122.75 (at 11:03 hours).

Aluminium futures up on surging demand

Aluminium futures up on surging demand

30/12/2016 15:46

Aluminium futures were trading higher during the evening trade in the domestic market on Friday as participants build up fresh positions in the industrial metal amid rise in physical demand for aluminium at the domestic spot market. Further, increase in physical demand for aluminium at the domestic spot market was led by widening of bets by traders in the spot market, supported aluminium prices at futures trade. At the MCX, aluminium futures for December 2016 contract is trading at Rs 117 per kg, up by 1.21 per cent, after opening at Rs 116.25, against a previous close of Rs 115.60. It touched the intra-day high of Rs 117.15 (at 15:51 hours).
Aluminium futures slip 0.30% on muted physical demand

Aluminium futures slip 0.30% on muted physical demand

26/12/2016 11:08

Aluminium futures were trading lower during morning trade in the domestic market on Monday as participants remained on the sidelines in the industrial metal amid subdued physical demand for aluminium at the domestic spot market.

Further, sluggish physical demand for aluminium at the domestic spot market was due to trimming of positions by traders in the spot markets, influenced aluminium prices at futures trade.

At the MCX, aluminium futures for December 2016 contract is trading at Rs 117.40 per kg, down by 0.30 per cent, after opening at Rs 117.45, against a previous close of Rs 117.75. It touched the intra-day low of Rs 116.95 (at 11:08 hours).

Aluminium dips on muted demand

Aluminium dips on muted demand

19/12/2016 11:47

Aluminium futures were lower during morning trade in the domestic market on Monday as participants remained on the sidelines in the industrial metal amid muted physical demand for aluminium at the domestic spot market. Further, sluggish physical demand for aluminium at the domestic spot market was due to trimming of positions by traders in the spot markets, influenced aluminium prices at futures trade.

At the MCX, aluminium futures for December 2016 contract is trading lower at Rs 116.40 per kg after opening at Rs 117, against a previous close of Rs 117.05. It touched the intra-day low of Rs 116.55 (at 11:46 hours).

Aluminium futures flat on subdued physical demand

Aluminium futures flat on subdued physical demand

07/12/2016 10:51

Aluminium futures were flat during morning trade in the domestic market on Wednesday as participants remained on the sidelines in the industrial metal amid muted physical demand for aluminium at the domestic spot market.

Further, subdued physical demand for aluminium at the domestic spot market was due to offloading of positions by traders in the spot markets, influenced aluminium prices at futures trade.

At the MCX, aluminium futures for December 2016 contract is trading flat at Rs 115.90 per kg after opening at Rs 115.75, against a previous close of Rs 115.90. It touched the intra-day low of Rs 115.70 (at 10:49 hours).

Aluminium futures slide on diminishing demand

02/12/2016 10:55

Aluminium futures were trading lower during morning trade in the domestic market on Friday as participants indulged in offloading their positions in the industrial metal amid slide in physical demand for aluminium at the domestic spot market.

Further, a decline in physical demand for aluminium at the domestic spot market was due to trimming of fresh positions by traders in the spot markets, influenced aluminium prices at futures trade.

At the MCX, aluminium futures for December 2016 contract is trading at Rs 117.20 per kg, down by 0.17 per cent, after opening at Rs 117.50, against a previous close of Rs 117.40. It touched the intra-day low of Rs 117.20 (at 10:53 hours).

Aluminium futures slide on diminishing demand

Aluminium futures slide on diminishing demand

23/11/2016 11:12

Aluminium futures were trading lower during the morning trade in the domestic market on Wednesday as participants indulged in trimming their positions in the industrial metal amid slide in physical demand for aluminium at the domestic spot market.

Further, a drop in physical demand for aluminium at the domestic spot market was due to cut down of positions by traders in the spot markets, influenced aluminium prices at futures trade.

At the MCX, aluminium futures for November 2016 contract is trading at Rs 119.75 per kg, down by 0.33 per cent, after opening at Rs 119.95, against a previous close of Rs 120.15. It touched the intra-day low of Rs 119.65 (at 11:11 hours).

Aluminium futures in reverse gear on sliding demand

Aluminium futures in reverse gear on sliding demand

17/11/2016 16:53

Aluminium futures were trading lower during the evening trade in the domestic market on Thursday as investors and speculators offloading their positions in the industrial metal amidst muted physical demand for aluminium at the domestic spot market.

Further, a downtick in demand for aluminium at the domestic spot market was due to cut down of bets by investors in the spot markets, influenced aluminium prices at futures trade.

At the MCX, aluminium futures for November 2016 contract is trading at Rs 114.40 per kg, down by 0.91 per cent, after opening at Rs 115.20, against a previous close of Rs 115.45. It touched the intra-day low of Rs 114.20 (at 16:49 hours).