Aluminium Futures Rise on Fresh Bets - PTI
Jul 04, 2024 14:09
Aluminium prices climbed 0.13% on Thursday in futures trade, driven by fresh positions built by speculators and positive spot market trends. Read more.
New Delhi, Jul 4 (PTI) Aluminium prices on Thursday climbed 0.13 per cent to Rs 233.70 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 30 paise or 0.13 per cent to Rs 233.70 per kg in a business turnover of 4,200 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.