Don’t miss the latest developments in business and finance.

Aluminium futures up 0.46% on spot demand, global cues

Image
Press Trust of India New Delhi
Last Updated : Feb 19 2019 | 1:26 PM IST

Aluminium prices inched up 0.46 per cent to Rs 131.40 per kg in futures trade Tuesday as speculators created fresh positions amid positive trend overseas.

At the Multi Commodity Exchange, aluminium for delivery in March edged up by 60 paise, or 0.46 per cent, to Rs 131.40 per kg in 4,921 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, attributed to the rise in aluminium prices.

Disclaimer: No Business Standard Journalist was involved in creation of this content

More From This Section

First Published: Feb 19 2019 | 1:26 PM IST

Next Story