AHMEDABAD （Commodity Online）: Metal prices slipped as North and South Korea exchanged fire. The escalation sent metals price to two week low at Multi Commodity Exchange. Among all these, Aluminum is the only promising metal which traded steadily in last few days with narrow trading range.
Aluminum November delivery contract stays up by 0.60 percent and tested high at 103.70 per Kilogram at Multi commodity Exchange（MCX）.
Metal prices have dropped more than 2% as a result of US economy data and China demand concern in last 3 days.
Technically, Aluminum future seems to be in range bound from here. Mix economy data from Global market put pressure on metals prices. Aluminum future remains in green territory till price is supported above 100 rupees per Kilogram, informed Amrita Mashar, analyst with Commodity Online.
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