Today, Aluminium prices are suspended above a crucial support. The aluminum prices continue to remain in the range of Rs.135-145 a Kg for more than two months.
It fell sharply on Thursday’s market and recovering their losses on Monday. The current price of aluminum is Rs.137/Kg.
There is a risk of loss in aluminium so the traders are advised to stay out of the market until trend and trade signal pop up.
According to Erode Turmeric Merchants Association, the buyers have purchased 1581 bags of new and hybrid turmeric from the total arrival of 3023 bags on Monday. Their prices are increased in today’s market.
Crude oil prices may have possibilities to fell on Tuesday in commodity market due to the previous day rise in production of US crude oil.
Gold managed to recover from the earlier losses and the prices are climbed up slowly on market. It expected to end their session in a positive note.
Zinc prices could trade weak below 213 and copper prices are traded within the range of 441-447 in today’s market.