Aluminium Futures Rise on Fresh Bets - PTI
By Rediff Money Desk, NEWDELHI Jan 02, 2024 14:30
Aluminium prices climbed 0.24% on Tuesday, reaching Rs 212.60 per kilogram in futures trading. Speculators built up fresh positions, driven by a positive spot market trend and demand from consuming industries.
![Aluminium Futures Rise on Fresh Bets - PTI](https://im.rediff.com/money/2020/jul/16aluminium.jpg)
New Delhi, Jan 2 (PTI) Aluminium prices on Tuesday climbed 0.24 per cent to Rs 212.60 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 January delivery increased by 50 paise or 0.24 per cent to Rs 212.60 per kg in a business turnover of 5,218 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 January delivery increased by 50 paise or 0.24 per cent to Rs 212.60 per kg in a business turnover of 5,218 lots.
Analysts said fresh positions created by traders amid demand from consuming industries supported aluminium prices in the futures market.
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