Aluminium futures prices on the Multi Commodity Exchange (MCX) rose 60 paise to Rs 242.70 per kg on Wednesday due to fresh bets from speculators and positive spot market trends.
New Delhi, Oct 30 (PTI) Aluminium prices on Wednesday increased 60 paise to Rs 242.70 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 60 paise or 0.25 per cent to Rs 242.70 per kg in 3,573 lots.
Analysts said fresh positions created by traders amid demand from consuming industries supported aluminium prices in the futures market.
Home » Market News » Aluminium Futures Rise on Fresh Bets - PTI
DISCLAIMER - This article is from a syndicated feed. The original source is responsible for accuracy, views & content ownership. Views expressed may not reflect those of rediff.com India Limited.
© 2024 Rediff.com India Limited. All rights reserved. Disclaimer - Terms of Service - Privacy Policy - Feedback