India: Aluminium scrap prices edge up despite decline in futures

Domestic aluminium scrap prices recovered marginally supported by the rise in futures prices on yesterday’s trading session. However, spot and futures prices both declined today at major exchange markets like LME and MCX, whereas, SHFE base metals futures remained volatile on a d-o-d basis. Due to frequent changes over the last few days, the market participants are confused, traders said.


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