Aluminium prices climbed 1.05% on the Multi Commodity Exchange, driven by fresh bets from traders and demand from consuming industries. Read more.
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.
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