Aluminium Futures Rise on Fresh Bets - PTI
By Rediff Money Desk, NEWDELHI Nov 06, 2023 14:51
Aluminium futures prices climbed 0.63% on Monday, reaching Rs 208.40 per kg, driven by speculators and positive spot market trends.
![Aluminium Futures Rise on Fresh Bets - PTI](https://im.rediff.com/money/2020/jul/16aluminium.jpg)
New Delhi, Nov 6 (PTI) Aluminium prices on Monday climbed 0.63 per cent to Rs 208.40 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 Rs 1.30 or 0.63 per cent to Rs 208.40 per kg in a business turnover of 2,952 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 Rs 1.30 or 0.63 per cent to Rs 208.40 per kg in a business turnover of 2,952 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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