India, June 8 -- Aluminium prices rose marginally in futures trade on Monday as traders created fresh positions amid positive sentiment in the spot market and sustained demand from consuming industries.
On the Multi Commodity Exchange (MCX), aluminium contracts for July delivery gained 40 paise, or 0.1%, to trade at Rs 384 per kilogram, with a turnover of 102 lots.
Market analysts attributed the uptick in aluminium prices to fresh buying by market participants, supported by healthy demand from user industries and a firm trend in the physical market.
Published by HT Digital Content Services with permission from Dion Global Solutions Limited....