2025-12-08 12:49:10 pm | Source: Accord Fintech
Aluminium futures trade higher on rising demand
Aluminium futures traded higher on MCX, kindled by enlargement of bets by the speculators tracking rising demand in physical markets. Moreover, reports on tightening supply conditions due to production disruptions in various regions and China's focus on curbing overcapacity in metal production, also encouraged light metal rates.
The contract for December delivery was trading at Rs 280.10 up 0.39% or Rs 1.10 from its previous closing of Rs 279.00. The open interest of the contract stood at 3313 lots.
The contract for January delivery was trading at Rs 282.60 up 0.39% or Rs 1.10 from its previous closing of Rs 281.50. The open interest of the contract stood at 515 lots on MCX.
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