Aluminium futures climbed 1% to Rs 227.70 per kg on Tuesday, driven by speculative buying and positive sentiment in the spot market.
New Delhi, Aug 20 (PTI) Aluminium prices on Tuesday climbed 1 per cent to Rs 227.70 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 September delivery increased Rs 2.25 or 1 per cent to Rs 227.70 per kg in a business turnover of 1,379 lots.
Analysts said fresh positions created by traders amid demand from consuming industries supported aluminium prices in the futures market.
Home » Market News » Aluminium Futures Surge on Positive Market Trend
DISCLAIMER - This article is from a syndicated feed. The original source is responsible for accuracy, views & content ownership. Views expressed may not reflect those of rediff.com India Limited.
© 2024 Rediff.com India Limited. All rights reserved. Disclaimer - Terms of Service - Privacy Policy - Feedback