Business Standard

Aluminium futures gain 0.34% on spot demand

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Press Trust of India New Delhi
Aluminium prices advanced by 0.34 per cent to Rs 131.75 per kg in futures market today as speculators built up fresh positions.

At the Multi Commodity Exchange, aluminium for delivery in August month edged up by 45 paise, or 0.34 per cent to Rs 131.75 per kg in business turnover of 208 lots.

Similarly, the metal for delivery in September traded higher by 30 paise, or 0.23 per cent to Rs 132.35 per kg in 59 lots.

Analysts said participants created fresh positions on the back of rise in demand from consuming industries in physical market.

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First Published: Aug 28 2017 | 1:22 PM IST

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