Advertisement

  • News
  • Columns
  • Interviews
  • BW Communities
  • Events
  • BW TV
  • Subscribe to Print
  • Editorial Calendar 19-20
BW Businessworld

Aluminium Futures Up On Spot Demand

Aluminium contracts for the August delivery gained Rs 1.45, or 0.72 per cent, to Rs 203.60 per kg in a business turnover of 2,575 lots.

Photo Credit :

1453890269_e6WaN7_aluminium_870.jpg

Aluminium prices rose 0.72 per cent to Rs 203.60 per kg in the futures trade on Thursday, as speculators built up fresh positions amid a positive trend in the spot market.

On the Multi Commodity Exchange, aluminium contracts for the August delivery gained Rs 1.45, or 0.72 per cent, to Rs 203.60 per kg in a business turnover of 2,575 lots.

Analysts said creation of fresh positions by traders on demand from consumer industries supported aluminium prices in the futures market. 

(PTI)


Tags assigned to this article:
aluminium Spot Demand Covid 19