Aluminium Futures Rise on Fresh Bets
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Aluminium futures prices rose marginally to Rs 250.90 per kg on Friday, driven by increased speculation and positive spot market trends.
New Delhi, Jul 11 (PTI) Aluminium prices on Friday rose marginally to Rs 250.90 per kilogram in the futures trade as speculators built up fresh positions amid a positive trend in the spot market.
On the Multi Commodity Exchange, aluminium for delivery in August increased 5 paise or 0.02 per cent to Rs 250.90 per kg in 1,202 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 for delivery in August increased 5 paise or 0.02 per cent to Rs 250.90 per kg in 1,202 lots.
Analysts said fresh positions created by traders amid demand from consuming industries supported aluminium prices in the futures market.
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