Aluminium Futures Rise on Fresh Bets & Demand
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Aluminium futures prices increased on Tuesday due to fresh speculative bets and strong demand from consuming industries in the spot market.

Illustration: Uttam Ghosh/Rediff.com
Key Points
- Aluminium futures prices rose by Rs 2.15 to Rs 351.60 per kg on Tuesday.
- The price increase was driven by speculators building fresh positions.
- Strong demand from consuming industries also supported the positive trend.
- Trading occurred on the Multi Commodity Exchange (MCX).
On the Multi Commodity Exchange, the price of aluminium for delivery in September rose by Rs 2.15, or 0.62 per cent, to Rs 351.60 per kg in 424 lots.
Analysts said fresh positions created by traders amid demand from consuming industries supported aluminium prices in the futures market.
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