Aluminium Futures Rise on Speculative Bets - PTI
Aluminium prices surged on the Multi Commodity Exchange (MCX) on Monday, driven by fresh speculative positions and strong demand from consuming industries. Read more.
New Delhi, Mar 17 (PTI) Aluminium prices on Monday rose 55 paise to Rs 263.60 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 55 paise or 0.21 per cent to Rs 263.60 per kg in 1,018 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 55 paise or 0.21 per cent to Rs 263.60 per kg in 1,018 lots.
Analysts said fresh positions created by traders amid demand from consuming industries supported aluminium prices in the futures market.
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