Latest News | Aluminium Futures Rise on Spot Demand

New Delhi, Oct 15 (PTI) Aluminium prices rose 1.88 per cent to Rs 254.90 per kg in the futures trade on Friday, as speculators built up fresh positions amid a positive trend in the spot market.

On the Multi Commodity Exchange, aluminum contracts for the October delivery gained Rs 4.70, or 1.88 per cent, to Rs 254.90 per kg in a business turnover of 2,067 lots.

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Analysts said the creation of fresh positions by traders on demand from consumer industries supported aluminum prices in the futures market. HRS hrs

(The above story is verified and authored by Press Trust of India (PTI) staff. PTI, India’s premier news agency, employs more than 400 journalists and 500 stringers to cover almost every district and small town in India.. The views appearing in the above post do not reflect the opinions of LatestLY)