Aluminium Futures Rise on Fresh Bets - PTI
By Rediff Money Desk, NEWDELHI Apr 08, 2024 13:50
Aluminium futures prices rose on the Multi Commodity Exchange on Monday, driven by fresh bets and demand from consuming industries.
![Aluminium Futures Rise on Fresh Bets - PTI](https://im.rediff.com/money/2020/jul/16aluminium.jpg)
New Delhi, Apr 8 (PTI) Aluminium prices on Monday rose 0.22 per cent to Rs 224.45 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 April delivery increased 50 paise or 0.22 per cent to Rs 224.45 per kg in a business turnover of 3,731 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 April delivery increased 50 paise or 0.22 per cent to Rs 224.45 per kg in a business turnover of 3,731 lots.
Analysts said fresh positions created by traders amid demand from consuming industries supported aluminium prices in the futures market.
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