Aluminium Futures Rise on Fresh Bets - PTI
By Rediff Money Desk, NEWDELHI Apr 22, 2024 13:48
Aluminium prices rose 0.19% on Monday in futures trade, driven by fresh bets from speculators amid a positive trend in the spot market. Read more.
![Aluminium Futures Rise on Fresh Bets - PTI](https://im.rediff.com/money/2020/jul/16aluminium.jpg)
New Delhi, Apr 22 (PTI) Aluminium prices on Monday rose 0.19 per cent to Rs 242.90 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 45 paise or 0.19 per cent to Rs 242.90 per kg in a business turnover of 1,654 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 45 paise or 0.19 per cent to Rs 242.90 per kg in a business turnover of 1,654 lots.
Analysts said fresh positions created by traders amid demand from consuming industries supported aluminium prices in the futures market.
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