COMMODITY
Aluminium futures trade higher on strong global rates
Oct-18-2024
Aluminium futures traded higher on MCX, kindled by the strong global rates with the weakness in dollar and robust Chinese economic data. Moreover, tight arrivals from producing regions and curtailed inventory levels also fuelled the upward momentum.

The contract for October delivery was trading at Rs 237.05 up by 0.79% or Rs 1.85 from its previous closing of Rs 235.20.The open interest of the contract stood at 2019 lots.

The contract for November delivery was trading at Rs 239.20 up by 0.53% or Rs 1.25 from its previous closing of Rs 237.95.The open interest of the contract stood at 1499 lots on MCX.

  RELATED NEWS >>