The News Scroll 29 April 2021  Last Updated at 1:33 pm | Source: PTI

Aluminium futures rise on spot demand

Aluminium futures rise on spot demand
New Delhi, April 29 (PTI) Aluminium prices rose 0.54 per cent to Rs 195.75 per kg in the futures trade on Thursday as speculators built up fresh positions amid a positive trend in the spot market.

On the Multi Commodity Exchange, aluminium contracts for the May delivery gained Rs 1.05, or 0.54 per cent, to Rs 195.75 per kg in a business turnover of 2,085 lots.

Analysts said creation of fresh positions by traders on demand from consumer industries supported aluminium prices in the futures market. PTI AST SHW SHW

Disclaimer :- This story has not been edited by Outlook staff and is auto-generated from news agency feeds. Source: PTI
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