Aluminium Futures Rise on Fresh Bets - PTI
By Rediff Money Desk, New Delhi Jul 24, 2024 13:13
Aluminium futures prices on the Multi Commodity Exchange (MCX) climbed 0.19% to Rs 214.15 per kg on Wednesday, driven by fresh bets from speculators and demand from consuming industries.
![Aluminium Futures Rise on Fresh Bets - PTI](https://im.rediff.com/money/2020/jul/16aluminium.jpg)
New Delhi, Jul 24 (PTI) Aluminium prices on Wednesday climbed 0.19 per cent to Rs 214.15 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 August delivery increased 40 paise or 0.19 per cent to Rs 214.15 per kg in a business turnover of 4,158 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 August delivery increased 40 paise or 0.19 per cent to Rs 214.15 per kg in a business turnover of 4,158 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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