Aluminium Futures Rise on Increased Trader Positions

Aluminium Futures Rise on Increased Trader Positions.webp

New Delhi, March 11 Aluminium prices rose by 1.14% to Rs 344.60 per kg in futures trading on Wednesday, as speculators built up fresh positions amid a positive trend in the spot market.

On the Multi Commodity Exchange, aluminium prices for delivery in April increased by Rs 3.90, or 1.14%, to Rs 344.60 per kilogram in 98 lots.

Analysts said that fresh positions created by traders, supported by demand from consuming industries, helped to push up aluminium prices in the futures market.
 
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aluminium aluminium prices april delivery commodity prices consumption demand futures trading india market trends multi commodity exchange new delhi price increase speculation spot market trading
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