Aluminium Futures Rise on Fresh Bets - PTI
By Rediff Money Desk, NEWDELHI Dec 18, 2023 17:06
Aluminium prices climbed 0.35% on Monday in futures trade as speculators built up fresh positions, driven by a positive trend in the spot market.
New Delhi, Dec 18 (PTI) Aluminium prices on Monday climbed 0.35 per cent to Rs 203.55 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 70 paise or 0.35 per cent to Rs 203.55 per kg in a business turnover of 2,827 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 70 paise or 0.35 per cent to Rs 203.55 per kg in a business turnover of 2,827 lots.
Analysts said fresh positions created by traders amid demand from consuming industries supported aluminium prices in the futures market.
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