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Aluminum futures rise on fresh positions

New Delhi. Aluminum costs on Friday rose 0.21 per cent to Rs 241.80 per kg in futures commerce as speculators created contemporary positions amid a agency development on the spot market.

On the Multi Commodity Alternate, aluminum for supply in June rose by 35 paise, or 0.21 per cent, to Rs 241.80 per kg. The offers had been achieved for two,605 heaps.

Market analysts mentioned contemporary positions by contributors on elevated demand from consuming industries on the spot market, primarily led to the rise in aluminum costs at futures market.

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