Aluminium Futures Rise on Fresh Bets - PTI
Aluminium futures prices on the Multi Commodity Exchange (MCX) rose on Thursday due to increased demand from consuming industries and fresh positions from traders.
New Delhi, Oct 31 (PTI) Aluminium prices on Thursday increased 55 paise to Rs 240.45 per kilogram in the futures market, as speculators built up fresh positions amid a positive trend in the spot market.
On the Multi Commodity Exchange, aluminium for delivery in November rose 55 paise or 0.23 per cent to Rs 240.45 per kg in 3,506 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 for delivery in November rose 55 paise or 0.23 per cent to Rs 240.45 per kg in 3,506 lots.
Analysts said fresh positions created by traders amid demand from consuming industries supported aluminium prices in the futures market.
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