Aluminium futures rise on fresh bets

Aluminium futures rise on fresh bets

New Delhi, Nov 20 (PTI) Aluminium prices on Monday climbed 0.88 per cent to Rs 205.20 per kilogram in futures trade as speculators built up fresh positions amid a positive trend in the spot market.

On the Multi Commodity Exchange, aluminium contracts for November delivery increased by Rs 1.80 or 0.88 per cent to Rs 205.20 per kg in a business turnover of 2,802 lots.

Analysts said fresh positions created by traders amid a demand from consuming industries supported aluminium prices in the futures market. PTI SGC SHW

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