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Aluminium futures up on spot demand

September 20, 2020 by admin 0 Comments

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New Delhi: Aluminium prices on Friday edged up 0.28 per cent to Rs 144.65 per kg in the futures trade as speculators built up fresh positions amid a positive trend in the spot market. On the Multi Commodity Exchange, aluminium contracts for the September delivery gained 40 paise, or 0.28 per cent, to Rs 144.65 per kg in a business turnover of 664 lots.
Analysts said fresh positions created by traders after some demand from consuming industries supported aluminium prices.

This article was originally published by Indiatimes.com. Read the original article here.