2026-01-13 12:47:46 pm | Source: Accord Fintech
Aluminium futures trade lower on tepid demand
Aluminium futures traded lower on MCX, pressured by the liquidation of bets counting on tepid demand outlook from industrial consumers and on economic slowdown concerns in China. Rising aluminium stockpiles and profit booking at prevailing levels added the down side trend.
The contract for January delivery was trading at Rs 316.40 down 0.27% or Rs 0.85 from its previous closing of Rs 317.25. The open interest of the contract stood at 3033 lots.
The contract for February delivery was trading at Rs 321.45 down by 0.16% or Rs 0.50 from its previous closing of Rs 321.95. The open interest of the contract stood at 2497 lots on MCX.
Disclaimer:
The content of this article is for informational purposes only and should not be considered financial or
investment advice. Investments in financial markets are subject to market risks, and past performance is
not indicative of future results. Readers are strongly advised to consult a licensed financial expert or
advisor for tailored advice before making any investment decisions. The data and information presented
in this article may not be accurate, comprehensive, or up-to-date. Readers should not rely solely on the
content of this article for any current or future financial references.
To Read Complete Disclaimer Click Here
Latest News
Five specialties account for over 50 pc FY25 revenue...
India`s office market scales new high in 2025, globa...
India in Goldilocks phase of high growth, economists...
BR Goyal Infrastructure surges on bagging order wort...
IndiQube Spaces zooms on deepening expansion in India
M&B Engineering gains on securing domestic order wor...
GTPL Hathway shines on reporting 8% rise in Q3 conso...
Puravankara moves up as its arm secures Rs 311.18 cr...
Dhaniya futures surge on lower sowing
Physical Rubber prices remain flat on Monday
