Aluminium Futures Rise on Fresh Bets - PTI
Aluminium prices rose on Tuesday on the Multi Commodity Exchange, driven by fresh positions from speculators and demand from consuming industries.
New Delhi, Dec 31 (PTI) Aluminium prices on Tuesday rose 15 paise to Rs 242.10 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 15 paise or 0.06 per cent to Rs 242.10 per kg in 3,437 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 December increased 15 paise or 0.06 per cent to Rs 242.10 per kg in 3,437 lots.
Analysts said fresh positions created by traders amid demand from consuming industries supported aluminium prices in the futures market.
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