Aluminium prices climbed 1.2% on Friday, reaching Rs 240.15 per kg due to increased speculative positions and strong demand in the spot market. Read more.
New Delhi, Apr 19 (PTI) Aluminium prices on Friday rose 1.2 per cent to Rs 240.15 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 April delivery increased Rs 2.85 or 1.2 per cent to Rs 240.15 per kg in a business turnover of 2,084 lots.
Analysts said fresh positions created by traders amid demand from consuming industries supported aluminium prices in the futures market.
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