Aluminium Futures Rise on Fresh Bets - PTI
By Rediff Money Desk, New Delhi Jul 05, 2024 13:10
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.
![Aluminium Futures Rise on Fresh Bets - PTI](https://im.rediff.com/money/2020/jul/16aluminium.jpg)
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.
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.
Source: PTI
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