Aluminium Futures Rise on Speculation
Aluminium futures prices on the Multi Commodity Exchange rose 35 paise to Rs 262.10 per kg on Wednesday, driven by fresh bets and demand from consuming industries.
New Delhi, Mar 19 (PTI) Aluminium prices on Wednesday rose 35 paise to Rs 262.10 per kilogram in the futures market as speculators built up fresh positions amid a positive trend in the spot market.
On the Multi Commodity Exchange, aluminium for delivery in April increased 35 paise or 0.13 per cent to Rs 262.10 per kg in 1,264 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 April increased 35 paise or 0.13 per cent to Rs 262.10 per kg in 1,264 lots.
Analysts said fresh positions created by traders amid demand from consuming industries supported aluminium prices in the futures market.
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