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Aluminium futures remain up on strong demand

Press Trust of India  |  New Delhi 

prices advanced by 0.23 per cent to Rs 155.75 per kg in futures market today as speculators built fresh positions, tracking a firm trend at the spot market on rising demand.

At the Multi Commodity Exchange, for delivery in July was trading higher by 35 paise, or 0.23 per cent, to Rs 155.75 per kg in business turnover of 18 lots.

Likewise, the for delivery in June contracts edged up by 30 paise, or 0.19 per cent, to Rs 155.45 per kg in 560 lots.

Analysts said widening of positions by participants following pick up in demand from consuming industries in the physical market kept prices higher in futures trade.

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Fri, June 08 2018. 12:15 IST