Aluminium Futures Rise on Fresh Bets - PTI
Jan 16, 2024 15:06
Aluminium futures prices climbed 0.25% on Tuesday, driven by speculator activity and positive trends in the spot market. Read more about the factors influencing the rise.
New Delhi, Jan 16 (PTI) Aluminium prices on Tuesday climbed 0.25 per cent to Rs 200.55 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 January delivery increased by 50 paise or 0.25 per cent to Rs 200.55 per kg in a business turnover of 4,527 lots.
Analysts said fresh positions created by traders amid demand from consuming industries supported aluminium prices in the futures market.
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