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Aluminium futures rise on spot demand

Aluminium futures rise on spot demand
outlookindia.com
1970-01-01T05:30:00+0530
New Delhi, Oct 15 (PTI) Aluminium prices rose 1.88 per cent to Rs 254.90 per kg in the futures trade on Friday, as speculators built up fresh positions amid a positive trend in the spot market.

On the Multi Commodity Exchange, aluminum contracts for the October delivery gained Rs 4.70, or 1.88 per cent, to Rs 254.90 per kg in a business turnover of 2,067 lots.

Analysts said the creation of fresh positions by traders on demand from consumer industries supported aluminum prices in the futures market. PTI RUJ HRS

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

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