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Aluminium futures rise on fresh bets

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Non-Ferrous 28 Mar 2024 03:53 PM IST PTI

Aluminium prices on Wednesday marginally rose 0.02% to ₹207 per kilogram in futures trade as speculators built up fresh positions amid a positive trend in the spot market.

On the Multi Commodity Exchange, aluminium contracts for April delivery marginally increased 5 paise or 0.02% to ₹207 per kg in a business turnover of 3,456 lots.

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