Sluggish demand drags down aluminium futures by 0.28%

Sluggish demand drags down aluminium futures by 0.28%
27/04/2017

Aluminium futures were trading lower during morning trade in the domestic market on Thursday as investors and speculators remained on the sidelines in the industrial metal amid muted physical demand for aluminium at the domestic spot market. Further, a fall in 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 April 2017 contract is trading at Rs 125.25 per kg, down by 0.28 per cent, after opening at Rs 125.15, against a previous close of Rs 125.60. It touched the intra-day low of Rs 125.15 (at 10:53 hours).

*****************************************************************************

Today Other Postings - Click the below link
Silver down on feeble global cues
Daily Profit 10 Paise USDINR Strategy : Register Here
Crude oil up on fall in US crude supply
Gold dips on rising US dollar
Live Silver Tips, 1st session: 27.APR.2017
Indian Currency Support and Resistance Level: 27.04.2017
Currency Hedging Guide for Importer and Exporter : 27.04.2017

*******************************************************************************
Free Intraday Tips : Join Our Whatsapp No : 9841986753
Free Commodity Tips : Join our Whatsapp No : 9094047040

Free Intraday Tips : Join Our Whatsapp No : 9841986753

Free Commodity Tips : Join our Whatsapp No : 9094047040