Aluminium prices in India rose on Wednesday as speculators created fresh positions amid a positive trend in the spot market. Learn more about the factors driving aluminium futures.
New Delhi, Jan 31 (PTI) Aluminium prices on Wednesday climbed 0.17 per cent to Rs 205.45 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 February delivery increased by 35 paise or 0.17 per cent to Rs 205.45 per kg in a business turnover of 3,703 lots.
Analysts said fresh positions created by traders amid demand from consuming industries supported aluminium prices in the futures market.
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