Aluminium futures up on spot demand

On the Multi Commodity Exchange, aluminium for delivery in July contracts gained 25 paise, or 0.18 percent, to Rs 138.20 per kg in a business turnover of 994 lots.


Aluminium prices on Wednesday edged up 0.18 percent to Rs 138.20 per kg in futures market after speculators built up fresh positions amid positive trend in spot market.

On the Multi Commodity Exchange, aluminium for delivery in July contracts gained 25 paise, or 0.18 percent, to Rs 138.20 per kg in a business turnover of 994 lots.

Analysts said fresh positions created by traders after some demand from consuming industries supported aluminium prices.

First Published on Jul 1, 2020 02:00 pm

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