Aluminium futures prices increase on speculative trading

Estimated read time 1 min read

New Delhi, Aluminium prices rose by 15 paise to Rs 250.60 per kg in futures trade on Friday as speculators created fresh positions amid positive trend in the spot market.

At the Multi Commodity Exchange, aluminium contracts for August delivery rose by 15 paise, or 0.06 percent, to Rs 250.60 per kg in a business turnover of 4,461 lots.

Analysts said fresh positions created by traders amid demand from consumer industries supported aluminium prices in the futures market.

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