Aluminium Futures Rise on Increased Speculator Activity

Aluminium Futures Rise on Increased Speculator Activity.webp


New Delhi, February 13 Aluminium prices rose by nearly 0.26 per cent to Rs 312.05 per kg in futures trading on Friday, as speculators built up fresh positions amid a positive trend in the spot market.

On the Multi Commodity Exchange, aluminium for delivery in March increased by 80 paise, or 0.26 per cent, to Rs 312.05 per kilogram in 93 lots.

Analysts said that fresh positions created by traders, supported by demand from consuming industries, helped push up aluminium prices in the futures market.
 
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aluminium aluminium prices commodity prices demand futures trading india march delivery market trends multi commodity exchange new delhi price change rs 312.05 per kg speculation spot market trading
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