News

Aluminium futures rise amid positive trend in spot market

NEW DELHI: Aluminium prices rose 0.6 per cent to Rs 201 per kg in the futures trade on Friday as speculators built up fresh positions amid a positive trend in the spot market.

On the Multi Commodity Exchange, aluminium contracts for the May delivery gained Rs 1.20, or 0.6 per cent, to Rs 201 per kg in a business turnover of 2,172 lots.

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

Articles You May Like

The Only HIGH WIN RATE Complete Trading System You Need To Stay Profitable
There is no give up in the Nasdaq. Up nearly 400 points now
USD/CAD Price Analysis: Gains traction and tests the 100-day EMA at around 1.3410
Peloton shares surge 26% after fitness company posts subscription revenue growth
Forex trading for beginners in bangla Full course ফরেক্স সম্পর্কে বিস্তারিত জেনে নিন

Leave a Reply

Your email address will not be published. Required fields are marked *