Aluminum futures were trading lower during morning trade in the domestic market on Tuesday as speculators trimmed their positions after dipping demand in the spot market amid negative global cues. At the MCX, aluminum futures for February 2017 contract is trading at Rs 126.60 per kg, down by 0.24 per cent, after opening at Rs 126.65, against a previous close of Rs 126.90. It touched the intra-day low of Rs 126.55.Intraday Tips, Aluminium futures down on dipping demand
Aluminum futures were trading lower during morning trade in the domestic market on Tuesday as speculators trimmed their positions after dipping demand in the spot market amid negative global cues. At the MCX, aluminum futures for February 2017 contract is trading at Rs 126.60 per kg, down by 0.24 per cent, after opening at Rs 126.65, against a previous close of Rs 126.90. It touched the intra-day low of Rs 126.55.
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