Aluminium futures rise amid positive trend in spot market
On Multi Commodity Exchange, aluminium contracts for the June delivery gained 30 paise, or 0.16 per cent, to Rs 190.35 per kg in a business turnover of 2,079 lots.
By PTI |
ETAuto
NEW DELHI: Aluminium prices rose 0.16 per cent to Rs 190.35 per kg in the futures trade on Tuesday, as speculators built up fresh positions amid a positive trend in the spot market.
On Multi Commodity Exchange, aluminium contracts for the June delivery gained 30 paise, or 0.16 per cent, to Rs 190.35 per kg in a business turnover of 2,079 lots.
Experts said the creation of fresh positions by traders following demand from consumer industries supported aluminium prices in the futures market.
On Multi Commodity Exchange, aluminium contracts for the June delivery gained 30 paise, or 0.16 per cent, to Rs 190.35 per kg in a business turnover of 2,079 lots.
Experts said the creation of fresh positions by traders following demand from consumer industries supported aluminium prices in the futures market.
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