Aluminium Futures Rise on Increased Speculator Activity

Aluminium Futures Rise on Increased Speculator Activity.webp

New Delhi, February 24 Aluminium prices rose by nearly 0.1 per cent to Rs 312.05 per kg in futures trading on Tuesday, as speculators built up new positions amid a positive trend in the spot market.

On the Multi Commodity Exchange, aluminium for delivery in March increased by 30 paise, or 0.1 per cent, to Rs 312.05 per kilogram in 3,807 lots.

Analysts said that fresh positions created by traders, supported by demand from consuming industries, boosted aluminium prices in the futures market.
 
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aluminium aluminium prices commodity prices demand february 24 futures trading market trends multi commodity exchange new delhi speculation spot market trading
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