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Aluminium futures up on fresh bets

Press Trust of India  |  New Delhi 

Aluminium prices on Monday edged up 35 paise to Rs 133.90 per kg in futures market after speculators built up fresh positions amid positive trend at the spot market.

On the Multi Commodity Exchange, aluminium for delivery in December contracts edged higher by 35 paise, or 0.26 per cent, to Rs 133.90 per kg in a business turnover of 319 lots.

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

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

First Published: Mon, December 02 2019. 12:40 IST