Aluminium Futures Rise on Fresh Bets - PTI
Aluminium prices climbed 0.36% to Rs 211.30 per kg in futures trade on Monday, driven by fresh bets from speculators and demand from consuming industries.
New Delhi, Aug 5 (PTI) Aluminium prices on Monday climbed 0.36 per cent to Rs 211.30 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 75 paise or 0.36 per cent to Rs 211.30 per kg in a business turnover of 4,534 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 75 paise or 0.36 per cent to Rs 211.30 per kg in a business turnover of 4,534 lots.
Analysts said fresh positions created by traders amid demand from consuming industries supported aluminium prices in the futures market.
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