Aluminium Futures upgrade on Fresh Bets

Estimated read time 1 min read

New Delhi, May 19 Aluminium prices on Monday rose marginally by Rs 1.25 to Rs 239.10 per kilogram in the futures market as speculators built up fresh positions amid a positive trend in the spot market.

On the Multi Commodity Exchange, aluminium for delivery in June increased Rs 1.25 or 0.52 percent to Rs 239.10 per kg in 2,154 lots.

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

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