Aluminium Futures Rise on Fresh Bets in India
By Rediff Money Desk, New Delhi Oct 10, 2024 15:03
Aluminium futures prices in India increased on Thursday due to fresh bets from speculators and demand from consuming industries.
New Delhi, Oct 10 (PTI) Aluminium prices on Thursday increased 95 paise to Rs 232.65 per kilogram in the futures market, as speculators built up fresh positions amid a positive trend in the spot market.
On the Multi Commodity Exchange, aluminium for delivery in October advanced 95 paise or 0.41 per cent to Rs 232.65 per kg in 758 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 October advanced 95 paise or 0.41 per cent to Rs 232.65 per kg in 758 lots.
Analysts said fresh positions created by traders amid demand from consuming industries supported aluminium prices in the futures market.
Source: PTI
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