Aluminium Futures Rise on Fresh Bets - PTI
By Rediff Money Desk, NEWDELHI Nov 03, 2023 14:49
Aluminium prices climbed 0.12% on the Multi Commodity Exchange, 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, Nov 3 (PTI) Aluminium prices on Friday climbed 0.12 per cent to Rs 206.05 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 November delivery increased by 25 paise or 0.12 per cent to Rs 206.05 per kg in a business turnover of 3,177 lots.
Analysts said fresh positions created by traders amid a demand from consuming industries supported aluminium prices in the futures market.
On the Multi Commodity Exchange, aluminium contracts for November delivery increased by 25 paise or 0.12 per cent to Rs 206.05 per kg in a business turnover of 3,177 lots.
Analysts said fresh positions created by traders amid a demand from consuming industries supported aluminium prices in the futures market.
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