Aluminium Futures Rise on Fresh Bets - PTI
Jul 01, 2024 13:25
Aluminium futures prices climbed on the Multi Commodity Exchange (MCX) as speculators built up fresh positions amid positive spot market trends.
New Delhi, Jul 1 (PTI) Aluminium prices on Monday climbed 0.28 per cent to Rs 231.05 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 July delivery increased by 65 paise or 0.28 per cent to Rs 231.05 per kg in a business turnover of 4,352 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.