Aluminium futures prices climbed 1.23% on Thursday, driven by fresh positions from speculators and positive spot market trends. Read more on PTI.
New Delhi, Dec 14 (PTI) Aluminium prices on Thursday climbed 1.23 per cent to Rs 198.05 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 Rs 2.40 or 1.23 per cent to Rs 198.05 per kg in a business turnover of 4,279 lots.
Analysts said fresh positions created by traders amid demand from consuming industries supported aluminium prices in the futures market.
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