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Aluminium Futures Rise on Fresh Bets - PTI

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By Rediff Money Desk, New Delhi   Aug 26, 2024 14:09

Aluminium prices climbed 1.05% on the Multi Commodity Exchange, driven by fresh bets from traders and demand from consuming industries. Read more.
Aluminium Futures Rise on Fresh Bets - PTI
New Delhi, Aug 26 (PTI) Aluminium prices on Monday climbed 1.05 per cent to Rs 234.70 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 September delivery increased Rs 2.45 or 1.05 per cent to Rs 234.70 per kg in a business turnover of 2,523 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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