Aluminium Futures Rise: Fresh Bets Fuel Price Hike
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Aluminium futures climb 0.63% to Rs 313/kg on fresh bets and spot market demand. March delivery sees gains on MCX. Analyst insights included.
New Delhi, Feb 6 (PTI) Aluminium prices on Friday rose nearly 0.63 per cent to Rs 313 per kg in futures trade amid a positive trend in the spot market.
On the Multi Commodity Exchange, aluminium for delivery in March increased by Rs 1.95, or 0.63 per cent, to Rs 313 per kg in 24 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 March increased by Rs 1.95, or 0.63 per cent, to Rs 313 per kg in 24 lots.
Analysts said fresh positions created by traders amid demand from consuming industries supported aluminium prices in the futures market.
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