Aluminium Futures Rise on Speculative Bets - PTI
Aluminium prices climbed 0.32% on the Multi Commodity Exchange, driven by fresh positions built by speculators and positive spot market trends.
New Delhi, Jul 9 (PTI) Aluminium prices on Tuesday climbed 0.32 per cent to Rs 233.40 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 July delivery increased 75 paise or 0.32 per cent to Rs 233.40 per kg in a business turnover of 3,836 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 July delivery increased 75 paise or 0.32 per cent to Rs 233.40 per kg in a business turnover of 3,836 lots.
Analysts said fresh positions created by traders amid demand from consuming industries supported aluminium prices in the futures market.
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