Aluminium futures rise on fresh bets
Jun 19, 2024 13:07
Aluminium prices climbed 0.17% to Rs 205.45 per kg in futures trade on Wednesday, driven by fresh bets and positive spot market trends.
New Delhi, Jun 19 (PTI) Aluminium prices on Wednesday climbed 0.17 per cent to Rs 205.45 per kilogram in futures trade as speculators built up fresh positions amid a positive trend in the spot market.
On the Multi Commodity Exchange, aluminium contracts for February delivery increased by 35 paise or 0.17 per cent to Rs 205.45 per kg in a business turnover of 3,703 lots.
Analysts said fresh positions created by traders amid demand from consuming industries supported aluminium prices in the futures market.
DISCLAIMER - This article is from a syndicated feed. The original source is responsible for accuracy, views & content ownership. Views expressed may not reflect those of rediff.com India Limited.