
New Delhi: Aluminum prices rose by 35 paise to Rs 260.25 per kg in futures trade on Monday as speculators created new positions amid positive sentiment in the spot market.
The price of aluminum contract for October delivery on the Multi Commodity Exchange rose by 35 paise, or 0.13 percent, to Rs 260.25 per kg, with a turnover of 2,040 lots.
Analysts said fresh buying by traders amid demand from consumer industries supported aluminum prices in the futures market.