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Aluminium futures up 0.39 pc on spot demand

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Press Trust of India New Delhi
Last Updated : Jun 07 2019 | 2:35 PM IST

Aluminium prices inched up 0.39 per cent to Rs 143.05 per kg in futures trade Friday as speculators created fresh positions amid a positive trend overseas.

On the Multi Commodity Exchange, aluminium contracts for June delivery edged up by 55 paise, or 0.39 per cent, to Rs 143.05 per kg in 2,377 lots.

Analysts said building up of positions by participants on the back of rising demand from consuming industries in the physical markets, coupled with positive global cues, led to the rise in aluminium prices.

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First Published: Jun 07 2019 | 2:35 PM IST

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