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MCX:ALUMINIUM 

MCX:ALUMINIUM
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MCX:ALUMINIUM Price *
131.05 -0.2 (-0.15%)
* (quote may be delayed)

Find answers to all your questions on live MCX:ALUMINIUM message board: Is MCX:ALUMINIUM buy or sell? Should I buy MCX:ALUMINIUM shares? Why are MCX:ALUMINIUM shares falling? Should I invest in MCX:ALUMINIUM stock?


MCX:ALUMINIUM Discussion Forum


Any call for aluminum
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BUY ALUMINIUM 131.50 SL 131 TGT 132.50/133.50
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China’s scrap metal import quota plunges for 4Q
China has issued additional copper and aluminium scrap import quotas for the fourth quarter, but the quota volumes continue to plunge.
argusmedia
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Sell tgt 130.80 130.40 sl 131.85
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BUY ALUMINIUM 131.15 SL 130.15 TGT 132.15/133
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[15/11, 3:02 PM] Abhi: *Sell alumini* if price get 131.20 sl 131.50 (.30) tgt 130.60-130-129.60
[15/11, 3:02 PM] Abhi: Cmp 130.90 *Pending order*
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Trade Excuted. Maintain SL and risk. 🤩

ALUMINIUM: Stocks of aluminium in LME warehouses jumped 75,075 tonne to above one million tonnes .
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Buy Aluminum Cmp 132.1 SL 131.6 Tgt Later Carry If SL Safe
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BUY ALUMINIUM 132.20 SL 131.20 TGT 133.20/134.20
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Daily LME stock is as follows: Aluminium up by 75075MT, Copper down by -2700MT, Lead down by -225MT, Nickel down by -18MT & Zinc down by -650MT.
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CHINA OCT ALUMINIUM OUTPUT SLIPS ON SMELTER SHUTDOWNS
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Which side it will go now?

ALUMINIUM UPDATE: The external environment for aluminium prices remains complex, with conflicting signals evident at each of the macro and sector specific levels. We have seen slowing growth in many markets, and this condition is manifested in declining product premiums. However,...
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Sell tgt 132.60
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For daily call contact me
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ALUMINIUM POSITION: The LME net speculative short position
had declined to just 1.2% of open interest at Monday's close,
down from a recent peak of 31% in early October
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Buy
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*sell alumini if price get* 133.20 sl above 133.50 (.30) tgt 132.50-132 cmp 133.05 pending order.
INTRADAY
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*MCX* buy alumini at cmp 135.50 sl 135 tgt 136.50-137
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SL done. (-.40)
MAGIC OF INTRA (MCX EXPRT in MCX-ALUMINIUM
First tgt hit

ALL TGT HIT 10000/- PROFIT
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BREAKING: U.S PRESIDENT TRUMP SAYS HAS NOT AGREED TO ROLL BACK TARIFFS ON CHINA, CHINA WOULD LIKE HIM TO DO SO || TRUMP SAYS CHINA WANTS TO MAKE A TRADE DEAL
Trade cautiously!!
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Aluminium prices climbed to the highest in nearly two months on Friday, but they were likely to run out of steam with producers on the sidelines ready to hedge, analysts said. The price of aluminium, mainly used in transport, construction and packaging, has rallied 6% over the pa...
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POSITIONAL CALL: 1ST TGT ACHIEVED IN ALUMINIUM NOV AT 135.90, PROFIT RS 17250
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Daily LME stock is as follows: Aluminium down by -2300MT, Copper down by -2600MT, Lead down by -350MT, Nickel down by -402MT & Zinc down by -1050MT.
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China Oct copper imports, aluminium exports fall m/m amid factory slowdown
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*Buy alumini* at cmp 134.75 SL 134.50 tgt 135.80 intraday
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Daily LME stock is as follows: Aluminium down by -3125MT, Copper down by -3375MT, Lead down by -50MT, Nickel down by -114MT & Zinc down by -1375MT.
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Stop it man
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TRUMP-XI MEETING TO SIGN U.S.-CHINA TRADE DEAL COULD BE DELAYED UNTIL DECEMBER AS DISCUSSIONS CONTINUE OVER TERMS AND VENUE - SENIOR TRUMP ADMINISTRATION OFFICIAL - RTRS
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CARRIED: BUY ALUMINI NOV ABV 134.50
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The Inside Guy in MCX-ALUMINIUM
*Buy alumini* cmp 132.75 SL 132 (.75) tgt 133.5...

High 133.85 *Both target hits* 😍🤩
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MAGIC OF INTRA (MCX EXPRT in MCX-ALUMINIUM
BUY ALUMINIUM 132.70 SL 131.70 TGT 133.70/134.70

First tgt hit
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The Inside Guy in MCX-ALUMINIUM
*Buy alumini* cmp 132.75 SL 132 (.75) tgt 133.5...

*Target done* book 👍🏻
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BUY ALUMINIUM 132.70 SL 131.70 TGT 133.70/134.70
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*Buy alumini* cmp 132.75 SL 132 (.75) tgt 133.50-133.80
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ALUMINIUM SPREAD: The discount of cash LME aluminium to the three-month contract has declined to 75 cents a tonne, the lowest since January and compared with a discount of $33.25 in mid-September.
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Good Morning, have a profitable day
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Try tradingcent.com
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MCX:ALUMINIUM - 414220

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*Sell alumini* cmp 128.40 SL 129.30 (.90) target 127.70-126.70-123
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SL hits (-.90)
The Inside Guy in MCX-ALUMINIUM
*Final war* Sell alumini cmp 133.60 SL 134.50...

Low 126.55 *Full target done* +6.6 +rs6600
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Sell alumini 131.20 sl 131.50 target 130.80 130.2
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Mayank @mayank-ryenOuVm4
Oct 24 9:56 PM

1st Target Hit
Mayank @mayank-ryenOuVm4
Oct 24 10:55 PM

Change Sl to 131.05
Mayank @mayank-ryenOuVm4
Oct 25 5:22 AM

2nd target hit

ALUMINIUM UPDATE - Global primary aluminium output fell to 5.163 million tonnes in September from revised 5.329 million tonnes in August, data from the International Aluminium Institute (IAI) showed.
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Buy only don't sell
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The Inside Guy in MCX-ALUMINIUM
*MCX* sell alumini cmp 131.80-131.90 SL 132.50 ...

131.15 (+.65) you may book.
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*MCX* sell alumini cmp 131.80-131.90 SL 132.50 (.70) tgt 130.70
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The Inside Guy in MCX-ALUMINIUM
*Final war* Sell alumini cmp 133.60 SL 134.50...

*Near to t1* +1.60 😍
Low risk may book once,If have...
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SRINIVASA HYD in MCX-ALUMINIUM
Buy Aluminum Cmp 133.20 SL 132.20 Tgt 134.20 - ...

Aluminum add 1 more if get 132.20 & maintain 132 cbsl target same
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The Inside Guy in MCX-ALUMINIUM
*Sell alumini* cmp 133.50 SL 133.80 tgt 132.90-...

*Second target also hits* 😍 (+1.2) booked😍
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The Inside Guy in MCX-ALUMINIUM
*Sell alumini* cmp 133.50 SL 133.80 tgt 132.90-...

Low 132.85
First tgt hits (+.60) low risk may book once.
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  • MCX:ALUMINIUM PRICE - 29NOV2019

    keyboard_arrow_down
    DateNov 19
    Open131.25
    High131.45
    Low130.55
    Previous Close131.05
    Volume1,959
  • MCX:ALUMINIUM PRICE - 31DEC2019

    keyboard_arrow_down
    DateNov 19
    Open133.5
    High133.5
    Low132.6
    Previous Close132.9
    Volume442
  • MCX:ALUMINIUM PRICE - 29NOV2019 Historical

    keyboard_arrow_down
    DateOpenHighLowClose
    Nov 15131.6131.7130.85131.05
    Nov 14133133.35132.05132.15
    Nov 13133.5133.8132.65133.1
    Nov 12133.3133.3132.9132.95
    Nov 11135.7135.7135135.4
  • MCX:ALUMINIUM PRICE - 31DEC2019 Historical

    keyboard_arrow_down
    DateOpenHighLowClose
    Nov 15133.6133.6132.8133.1
    Nov 14135.2135.35134.1134.1
    Nov 13135.8135.8134.75135.15
    Nov 12135.3135.3135.1135.1
    Nov 11137.25137.6137.15137.2
  • MCX:ALUMINIUM - Recent News

    keyboard_arrow_down
    NewsBot
    Sep 30 6:24 PM
    MCX Aluminium may trade between 133.6-137.8 levels
    commodityonline
    NewsBot
    Sep 30 6:22 PM
    Commodity Outlook: How gold, oil, base metals and agri commodities may trade today
    The Economic Times
    NewsBot
    Jul 26 6:42 PM
    MCX Aluminium may trade between 142.8-144.8 levels
    Commodity Online
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  • MCX:ALUMINIUM - More Information

    keyboard_arrow_down

    MCX Aluminium
    Aluminium is one of the metal commodities that has been traded through MCX. MCX stands for the Multi Commodity Exchange. MCX is the exchange where you can trade commodities such as gold, silver, nickel and agricultural products like cotton, coffee, turmeric, etc. just like the BSE exchange where stocks of companies are traded. The trading mechanism done through MCX is pretty transparent, and it is disciplined with the regulatory framework.
    What is Aluminium?
    Aluminium is the most broadly used non-ferrous metal that is a silvery-white, soft, malleable metal. It's a chemical element in the boron group with symbol Al. It makes up about 8% by weight of the earth's solid surface, and it is the third most abundant metal of all elements in the earth crust after oxygen and silicon. The name is derived from alumen- the Latin name for alum.
    Aluminium is not found in the elemental state but only in combined forms as oxides or silicates because of its active correspondence with oxygen. Ancient Romans and Greeks used aluminium salts as dyeing mordants and as astringents for dressing injuries. Aluminium has a unique characteristic of recyclability. It can be 100% recycled without any loss of its natural properties.
    The International Resource Panel's Metal Stocks in Society report, says that the global per capita stock of aluminium that is used in cars, buildings and electronics is 80 kg. The aluminium used in developed countries is 350 kg–500 kg per capita rather than in less-developed countries is 35 kg per capita. The per capita stocks are the determinant to calculate their approximate lifespans and is essential for planning recycling. By consumption, aluminium is next to steel.
    Trade participants like Producers, processors, exporters, marketers, and SMEs with exposure to aluminium can manage their price risks by hedging. When contingency situation rises, modern risk management techniques and strategies, including market-based risk management financial instruments like 'Aluminium Futures', suggested on the MCX platform can improve efficiencies and combine competitiveness through price risk management. The value of risk management, thus, cannot be exaggerated.
    Reasons for trading Aluminium:
    • China is the foremost producer and consumer of a large percentage of the overall global aluminium market. The fast-growing Chinese economy has necessitated aluminium in recent years for construction, electronics, and transportation, and Chinese companies were the ones who supplied the metal. Therefore, if Chinese economic growth accelerates, then the country’s demand for aluminium will grow. This could create a supply shortage in supply and would increase the prices.
    • The global economy depends on transportation as one of the ways to support growth. As the global economy expands, the market for aluminium in automobiles and aerospace equipment could grow. Additionally, individuals need cars and trucks to travel to work, which obviously creates the demand for aluminium.
    • Investing a portion of a portfolio in aluminium along with other metals and other commodities, in general, is a smart way to achieve asset diversification.
    Factors Influencing the MCX Aluminium Market Price:
    1. Indian rupee and US dollar exchange rates and also the Aluminium prices ruling the international markets influence the market.
    2. Economic factors such as industrial growth, worldwide financial crisis, deflation, recession, and inflation are few of the factors that influence the Aluminium market.
    3. The price changes can happen due to Geopolitical events and commodity-specific circumstances like unexpected mine or plant closures due to natural disaster, supply disruption, accident, strike, and so on.
    4. Trade policies established by Government (implementation or suspension of taxes, penalties, and quotas) might lead to price fluctuations.
    5. China uses over 40% of the annual global supply of aluminium comes from China. Therefore, it is the biggest driver of its price. So, the robust growth in Chinese GDP over the past two decades has driven many industrial commodity prices higher.
    Before trading in Aluminium, it's better to know the Contract Specification of Aluminium:
    • Symbol ALUMINIUM
    • The contract starts at 1st of a contract launch month and the last trading day falls on the last day of the calendar of the contract expiry month. If the contract launch date falls on a holiday, then the following day the contract starts. Whereas, if the contract expiry day falls on a holiday, the previous day the contracts expire.
    • Trading Period: Mondays through Friday
    • Trading Session: Monday to Friday: From 9.00 a.m. to 11.30 p.m. / 11.55 p.m*
    • Trading Unit: 5 MT
    • Quotation/ Base Value: 1 kg
    • Price Quote: Ex-Warehouse at Chennai district in Tamil Nadu (excludes only GST).
    • Maximum Order Size: 150 MT
    • Tick Size (Minimum Price Movement): 5 Paisa per kg
    • Daily Price Limits Normally, the base price limit will be 4%. Whenever there is a breach in the base daily price limit, the relaxation will be allowed to 6%.In case, if the 6% base price limit the daily price limit will be relaxed up to 9% after a cooling-off period of 15 minutes.
    • Extreme Loss Margin: 1%
    • For individual clients: 25,000 MT or 5% of the market-wide open position, whichever is higher for all Aluminium contracts combined.
    • Collectively for all clients: 2,50,000 MT or 20% of the market-wide open position, considerably whichever is higher for all Aluminium contracts combined.
    Why discuss the MCX Aluminium rate today on Frontpage forum?
    • MCX ALUMINIUM community is all about discussions related to Aluminium rate, trading strategies, market information, and latest news related to MCX Aluminium.
    • You can find MCX Aluminium Live Charts shared by experts and other users.
    • You can also follow the 'Newsbot' account of FrontPage for finding the MCX Aluminium rate and all the latest share market news (Moneycontrol, Economictimes, Business Standard, Livemint) related to aluminium and all other stocks.