Aluminium futures rise on fresh bets
- Country:
- India
Aluminium prices on Tuesday increased by 0.14 per cent to Rs 209 per kilogram in futures trade as speculators built up fresh positions amid a positive trend in the spot market.
On the Multi Commodity Exchange, aluminium contracts for December delivery increased by 30 paise or 0.14 per cent to Rs 209 per kg in a business turnover of 3,733 lots.
Analysts said fresh positions created by traders amid demand from consuming industries supported aluminium prices in the futures market.
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