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NEW DELHI: Aluminium prices rose 0.03 per cent to Rs 199.70 per kg in the futures trade on Wednesday, as speculators built up fresh positions amid a positive trend in the spot market.
On the Multi Commodity Exchange, aluminium contracts for the July delivery gained 5 paise, or 0.03 per cent, to Rs 199.70 per kg in a business turnover of 2,669 lots.
Analysts said creation of fresh positions by traders on demand from consumer industries supported aluminium prices in the futures market.
On the Multi Commodity Exchange, aluminium contracts for the July delivery gained 5 paise, or 0.03 per cent, to Rs 199.70 per kg in a business turnover of 2,669 lots.
Analysts said creation of fresh positions by traders on demand from consumer industries supported aluminium prices in the futures market.
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