Aluminium Futures Rise on Speculation
Aluminium futures prices rose 0.35% to Rs 241.50 per kg on the Multi Commodity Exchange, driven by speculation and demand from consuming industries.
New Delhi, Oct 4 (PTI) Aluminium prices on Friday rose 0.35 per cent to Rs 241.50 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 October delivery increased 85 paise or 0.35 per cent to Rs 241.50 per kg in a business turnover of 3,212 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 October delivery increased 85 paise or 0.35 per cent to Rs 241.50 per kg in a business turnover of 3,212 lots.
Analysts said fresh positions created by traders amid demand from consuming industries supported aluminium prices in the futures market.
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