Aluminium prices climbed 0.47% on the Multi Commodity Exchange, driven by fresh positions and demand from consuming industries. Read more about the rise in aluminium futures.
New Delhi, Jul 5 (PTI) Aluminium prices on Friday climbed 0.47 per cent to Rs 234 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 Rs 1.10 or 0.47 per cent to Rs 234 per kg in a business turnover of 4,291 lots.
Analysts said fresh positions created by traders amid demand from consuming industries supported aluminium prices in the futures market.
Home » Market News » Aluminium Futures Rise on Fresh Bets - PTI
DISCLAIMER - This article is from a syndicated feed. The original source is responsible for accuracy, views & content ownership. Views expressed may not reflect those of rediff.com India Limited.
© 2024 Rediff.com India Limited. All rights reserved. Disclaimer - Terms of Service - Privacy Policy - Feedback