Aluminium Futures Rise: Fresh Bets Fuel Price Hike
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Aluminium futures climb on fresh bets. Prices up Rs 0.60 to Rs 270.85/kg in November futures trade. Demand from industries supports rise.
New Delhi, Oct 31 (PTI) Aluminium prices on Friday rose 60 paise to Rs 270.85 per kilogram in the futures trade as speculators built up fresh positions amid a positive trend in the spot market.
On the Multi Commodity Exchange, aluminium for delivery in November increased 60 paise or 0.45 per cent to Rs 270.85 per kg in 3,846 lots.
Analysts said fresh positions created by traders amid demand from consuming industries supported aluminium prices in the futures market.
On the Multi Commodity Exchange, aluminium for delivery in November increased 60 paise or 0.45 per cent to Rs 270.85 per kg in 3,846 lots.
Analysts said fresh positions created by traders amid demand from consuming industries supported aluminium prices in the futures market.
TODAY'S MOST TRADED COMPANIES
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- 21.87 (+ 0.64)
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