Aluminium Futures Rise on Fresh Bets - PTI
Aluminium prices climbed 0.39% to Rs 204.85 per kg in futures trade on Wednesday, driven by fresh positions from speculators and demand from consuming industries.
New Delhi, Dec 20 (PTI) Aluminium prices on Wednesday climbed 0.39 per cent to Rs 204.85 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 80 paise or 0.39 per cent to Rs 204.85 per kg in a business turnover of 1,852 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 80 paise or 0.39 per cent to Rs 204.85 per kg in a business turnover of 1,852 lots.
Analysts said fresh positions created by traders amid demand from consuming industries supported aluminium prices in the futures market.
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