Tuesday, June 14, 2016

Base Metal Tips: Aluminium dips amid muted domestic demand

Base Metal Tips: Aluminum futures were trading lower in the local market on Tuesday after traders reduced their exposure amid muted domestic demand and weak trend in base metals at the London Metal Exchange. At the MCX, Aluminum futures for June 2016 contract is trading at Rs 107.10/kg, down by 0.23 per cent, after opening at Rs 107, against a previous close of Rs 107.35. It touched the intra-day low of Rs 106.90