Aluminium Futures Rise on Fresh Bets - PTI
Aug 05, 2024 14:22
Aluminium prices climbed 0.36% to Rs 211.30 per kg in futures trade on Monday, driven by fresh bets from speculators and demand from consuming industries.
New Delhi, Aug 5 (PTI) Aluminium prices on Monday climbed 0.36 per cent to Rs 211.30 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 August delivery increased 75 paise or 0.36 per cent to Rs 211.30 per kg in a business turnover of 4,534 lots.
Analysts said fresh positions created by traders amid demand from consuming industries supported aluminium prices in the futures market.
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