Get App
Last Updated : Jun 02, 2020 03:44 PM IST | Source: PTI

Aluminium futures up on spot demand

On the Multi Commodity Exchange, aluminium for delivery in July contracts gained 20 paise, or 0.15 per cent, to Rs 133.45 per kg in a business turnover of 31 lots.

PTI

Aluminium prices on Tuesday edged up 0.15 per cent to Rs 133.45 per kg in futures market after speculators built up fresh positions amid positive trend in spot market.

On the Multi Commodity Exchange, aluminium for delivery in July contracts gained 20 paise, or 0.15 per cent, to Rs 133.45 per kg in a business turnover of 31 lots.

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

Moneycontrol Ready Reckoner
Now that payment deadlines have been relaxed due to COVID-19, the Moneycontrol Ready Reckoner will help keep your date with insurance premiums, tax-saving investments and EMIs, among others.


Facebook-BCG report suggests these measures for businesses to unlock the changing consumer behaviour in the current pandemic. Read More!

First Published on Jun 2, 2020 03:43 pm
Sections
Follow us on