Aluminium futures prices on the Multi Commodity Exchange (MCX) rose on Wednesday, driven by fresh bets from speculators and demand from consuming industries.
New Delhi, Nov 27 (PTI) Aluminium prices on Wednesday rose Rs 1.05 to Rs 242.90 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 December increased Rs 1.05 or 0.43 per cent to Rs 242.90 per kg in 3,416 lots.
Analysts said fresh positions created by traders amid demand from consuming industries supported aluminium prices in the futures market.
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