News

NEW DELHI: Aluminium prices rose 0.39 per cent to Rs 194.90 per kg in the futures trade on Monday 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 75 paise, or 0.39 per cent, to Rs 194.90 per kg in a business turnover of 1,343 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

Dow Jones Industrial Average holds in place on Tuesday as investors await data
Credit Agricole: GBP remains a best G10 FX bet despite risk aversion
Why an indicator that has foretold almost every recession doesn’t seem to be working anymore
U.S. economy grew at a 2.8% pace in the second quarter, much more than expected
Who might be the VP nominee if Kamala Harris is the Dem nominee