2025-12-12 12:28:31 pm | Source: Accord Fintech
Aluminium futures trade higher on strong demand
Aluminium futures traded higher on MCX, driven by the strong demand from sectors like infrastructure, construction, and automotive. Besides, production disruptions in various regions and China's efforts to control excess capacity also triggered the upward momentum.
The contract for December delivery was trading at Rs 281.75 up 0.37% or Rs 1.05 from its previous closing of Rs 280.70. The open interest of the contract stood at 3159 lots.
The contract for January delivery was trading at Rs 284.35 up 0.30% or Rs 0.85 from its previous closing of Rs 283.50. The open interest of the contract stood at 1046 lots.
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