Aluminium futures up on spot demand

Aluminium prices rose 0.34 per cent to Rs 205 per kg in the futures trade on Thursday, as speculators built up fresh positions amid a positive trend in the spot market.

migrator

Published:5th Aug, 2021 at 3:42 PM

New Delhi

On the Multi Commodity Exchange, aluminium contracts for the July delivery gained 70 paise, or 0.34 per cent, to Rs 205 per kg in a business turnover of 2,188 lots.

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

Visit news.dtnext.in to explore our interactive epaper!

Download the DT Next app for more exciting features!

Click here for iOS

Click here for Android

Aluminium futures up on spot demand

Aluminium prices rose 0.34 per cent to Rs 205 per kg in the futures trade on Thursday, as speculators built up fresh positions amid a positive trend in the spot market.

Also Read

Tamil Nadu celebrates Pongal with traditional fervour; PM, CM extend greetings

Supreme Court refuses to hear ‘Jana Nayagan’ plea, asks producer to approach Madras High Court

TN pips Gujarat in export index; crown jewel Kanchi beats Mumbai

European troops arrive in Greenland as talks with US highlight 'disagreement' over island's future

Very serious matter, will examine issue: SC on ED's Kolkata raids facing 'obstruction'