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Aluminium Futures Rise on Fresh Bets and Strong Demand
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News18•16-10-2026, 12:30
Aluminium Futures Rise on Fresh Bets and Strong Demand
- •Aluminium prices on Friday rose marginally to Rs 323.25 per kilogram in futures trade.
- •The price increase was driven by speculators building fresh positions amid a positive trend in the spot market.
- •On the Multi Commodity Exchange, the October delivery contract gained 30 paise, or 0.09 per cent, with a business turnover of 197 lots.
- •Analysts noted that fresh positions created by traders supported the upward movement due to steady demand from consuming industries.
Key Questions Answered
On the Multi Commodity Exchange, the aluminium price for October delivery rose by 30 paise, or 0.09 per cent, to reach Rs 323.25 per kilogram.
Analysts noted that the price increase was driven by speculators building fresh positions and ongoing demand from consuming industries amid a positive spot market trend.
The business turnover for the October delivery aluminium contract registered a total of 197 lots on the Multi Commodity Exchange.