Aluminium Futures Rise Marginally
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Aluminium futures prices edged up by 5 paise to Rs 247.55 per kg on Wednesday, driven by increased speculation and spot market trends.
New Delhi, Jun 25 (PTI) Aluminium prices on Wednesday rose marginally by 5 paise to Rs 247.55 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 July increased 5 paise or 0.02 per cent to Rs 247.55 per kg in 3,691 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 July increased 5 paise or 0.02 per cent to Rs 247.55 per kg in 3,691 lots.
Analysts said fresh positions created by traders amid demand from consuming industries supported aluminium prices in the futures market.
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