Aluminium Futures Rise on Fresh Bets - PTI
By Rediff Money Desk, NEWDELHI Dec 07, 2023 14:18
Aluminium futures prices rose 0.03% to Rs 196.40 per kg on the Multi Commodity Exchange, driven by fresh positions and demand from consuming industries.
![Aluminium Futures Rise on Fresh Bets - PTI](https://im.rediff.com/money/2020/jul/16aluminium.jpg)
New Delhi, Dec 7 (PTI) Aluminium prices on Thursday climbed 0.03 per cent to Rs 196.40 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 December delivery increased by 40 paise or 0.03 per cent to Rs 196.40 per kg in a business turnover of 4,726 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 contracts for December delivery increased by 40 paise or 0.03 per cent to Rs 196.40 per kg in a business turnover of 4,726 lots.
Analysts said fresh positions created by traders amid demand from consuming industries supported aluminium prices in the futures market.
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