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Aluminium futures gain on fresh bets

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Press Trust of India New Delhi

Aluminium prices on Thursday edged up 0.19 per cent to Rs 135.05 per kg in futures market after speculators built up fresh positions amid positive trend in spot market.

On the Multi Commodity Exchange, aluminium for delivery in December contracts gained 25 paise, or 0.19 per cent, to Rs 135.05 per kg in a business turnover of 11 lots.

Analysts said fresh positions created by traders on positive demand from consuming industries mainly led to rise in aluminium prices.

 

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First Published: Dec 26 2019 | 12:45 PM IST

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