Aluminium futures up on spot demand
Aluminium contracts for the January delivery gained 25 paise, or 0.15 per cent, to Rs 164.10 per kg in a business turnover of 727 lots.
By PTI |
ETAuto
Aluminium prices rose 0.15 per cent to Rs 164.10 per kg in the futures trade on Tuesday as speculators built up fresh positions amid a positive trend in the spot market.
On the Multi Commodity Exchange, aluminium contracts for the January delivery gained 25 paise, or 0.15 per cent, to Rs 164.10 per kg in a business turnover of 727 lots.
Analysts said creation of fresh positions by traders on demand from consumer industries supported aluminium prices.
On the Multi Commodity Exchange, aluminium contracts for the January delivery gained 25 paise, or 0.15 per cent, to Rs 164.10 per kg in a business turnover of 727 lots.
Analysts said creation of fresh positions by traders on demand from consumer industries supported aluminium prices.
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