Aluminium Futures Surge on Speculator Bets - PTI
By Rediff Money Desk, New Delhi Nov 07, 2024 13:47
Aluminium prices climbed in the futures market on Thursday, fueled by speculator activity and positive trends in the spot market. Read more on PTI.
New Delhi, Nov 7 (PTI) Aluminium prices on Thursday increased Rs 2.35 to Rs 243 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 December rose Rs 2.35 or 0.98 per cent to Rs 243 per kg in 1,111 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 December rose Rs 2.35 or 0.98 per cent to Rs 243 per kg in 1,111 lots.
Analysts said fresh positions created by traders amid demand from consuming industries supported aluminium prices in the futures market.
Source: PTI
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