Aluminium Futures Rise on Fresh Bets - PTI
By Rediff Money Desk, New Delhi Jul 01, 2024 13:25
Aluminium futures prices climbed on the Multi Commodity Exchange (MCX) as speculators built up fresh positions amid positive spot market trends.
New Delhi, Jul 1 (PTI) Aluminium prices on Monday climbed 0.28 per cent to Rs 231.05 per kilogram in futures trade as speculators built up fresh positions amid a positive trend in the spot market.
On the Multi Commodity Exchange, aluminium contracts for July delivery increased by 65 paise or 0.28 per cent to Rs 231.05 per kg in a business turnover of 4,352 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 contracts for July delivery increased by 65 paise or 0.28 per cent to Rs 231.05 per kg in a business turnover of 4,352 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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