Aluminium prices on the Multi Commodity Exchange rose 0.05% to Rs 208.50 per kg on Wednesday, driven by fresh positions created by speculators amid a positive spot market trend.
New Delhi, Nov 8 (PTI) Aluminium prices on Wednesday climbed 0.05 per cent to Rs 208.50 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 10 paise or 0.05 per cent to Rs 208.50 per kg in a business turnover of 2,785 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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