Aluminium prices edged up 0.32 per cent to Rs 141.65 per kg in futures market today as speculators built positions, taking positive cues from the spot market on pick up in demand.
At the Multi Commodity Exchange, aluminium for delivery in July edged higher by 45 paise, or 0.32 per cent, to Rs 141.65 per kg in a business turnover of 42 lots.
Similarly, the metal for delivery in July contracts edged higher by 40 paise, or 0.28 per cent, to Rs 140.85 per kg in 391 lots.
Analysts said widening of positions by participants due to uptick in demand from consuming industries in the physical market, led to rise in aluminium prices in futures trade.
Disclaimer: No Business Standard Journalist was involved in creation of this content
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors
Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share
Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor
Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements
Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app