Aluminium Futures Rise: Fresh Bets Fuel Price Hike
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Aluminium futures climb 0.91% to Rs 332/kg on fresh bets. Positive spot market trend and demand from industries support price increase.
New Delhi, Mar 4 (PTI) Aluminium prices on Wednesday rose 0.91 per cent to Rs 332 per kg in 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 April increased by Rs 3, or 0.91 per cent, to Rs 332 per kilogram in 47 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 April increased by Rs 3, or 0.91 per cent, to Rs 332 per kilogram in 47 lots.
Analysts said fresh positions created by traders amid demand from consuming industries supported aluminium prices in the futures market.
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