Aluminium Futures Rise on Speculative Bets - PTI

By By Rediff Money Desk, New Delhi
Jul 09, 2024 13:30
Aluminium prices climbed 0.32% on the Multi Commodity Exchange, driven by fresh positions built by speculators and positive spot market trends.
New Delhi, Jul 9 (PTI) Aluminium prices on Tuesday climbed 0.32 per cent to Rs 233.40 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 75 paise or 0.32 per cent to Rs 233.40 per kg in a business turnover of 3,836 lots.

Analysts said fresh positions created by traders amid demand from consuming industries supported aluminium prices in the futures market.
Source: PTI
Read More On:
spot marketmulti commodity exchangealuminium futuresaluminium pricesspeculative trading
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