Aluminium shows mixed trend in futures trade

New Delhi, May 7 Aluminium futures today showed a mixed trend in afternoon trade on the Multi Commodity Exchange (MCX) on alternate bouts of trading and settled with small adjustments on either sides.

At 1210 hrs on the MCX, aluminium for the May contract gained 0.59 per cent to Rs 76.70 per kg in trading of 62 lots.

However, the metal for delivery in far-month July plunged by 2.28 per cent to Rs 75.15 per kg, in trading of two lots.

The mixed in aluminium prices is mostly due to alternate bouts of buying and selling by speculators, marketmen said.

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