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Aluminium futures gain 0.25% on spot demand

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Press Trust of India New Delhi
Last Updated : Jun 13 2017 | 10:57 AM IST
Aluminium prices were up by 0.25 per cent to Rs 121.55 per kg in futures trading today as speculators built up fresh positions, driven by uptick in demand at the domestic spot markets.
At the Multi Commodity Exchange, aluminium for delivery in June edged up by 30 paise, or 0.25 per cent to Rs 121.55 per kg in business turnover of 210 lots.
Similarly, the metal for delivery in July contracts traded higher by 15 paise, or 0.12 per cent to Rs 122.05 per kg in 26 lots.
Analysts said fresh positions created by traders due to pick up in demand from consuming industries in the spot market mainly influenced aluminium prices at futures trade.

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First Published: Jun 13 2017 | 10:57 AM IST

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