Aluminium futures surge 0.19% on spot market 30/10/2019

Aluminium futures surge 0.19% on spot market 30/10/2019

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Aluminium futures were trading higher during the noon trade in the domestic market on Wednesday as speculators raised bets, taking positive cues from the spot market on improved demand.
Market analysts said raising of positions by traders on uptick in demand in the physical market mainly led to the rise in aluminium prices at futures trade. At the MCX, aluminium futures for November 2019 contract is trading at Rs 132.35 per kg, up by 0.19 per cent, after opening at Rs 132.05, against a previous close of Rs 132.10. It touched the intra-day high of Rs 132.40 (at 12:20 hours).

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