Aluminium futures rise on fresh bets

New Delhi, Jan 24 (PTI) Aluminium prices on Friday rose Rs 2.10 to Rs 253.05 per kilogram in the futures market as speculators built up fresh positions amid a positive trend in the spot market.

On the Multi Commodity Exchange, aluminium for delivery in February increased Rs 2.10 or 0.84 per cent to Rs 253.05 per kg in 2,575 lots.

Analysts said fresh positions created by traders amid demand from consuming industries supported aluminium prices in the futures market.

Leave a Reply

Your email address will not be published. Required fields are marked *