Aluminium Futures Rise on Fresh Bets - PTI
Apr 08, 2024 13:50
Aluminium futures prices rose on the Multi Commodity Exchange on Monday, driven by fresh bets and demand from consuming industries.
New Delhi, Apr 8 (PTI) Aluminium prices on Monday rose 0.22 per cent to Rs 224.45 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 April delivery increased 50 paise or 0.22 per cent to Rs 224.45 per kg in a business turnover of 3,731 lots.
Analysts said fresh positions created by traders amid demand from consuming industries supported aluminium prices in the futures market.
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