On Thursday, aluminium prices experienced a slight increase, reaching Rs 332.30 per kilogram in futures trade, as speculators established new positions in response to a favourable trend observed in the spot market.
On the Multi Commodity Exchange, the aluminium price for delivery in November increased by Rs 1.45, reflecting a rise of 0.44 percent, reaching Rs 332.30 per kg with a business turnover of 3,511 lots.
Analysts indicated that new positions established by traders, driven by demand from consuming industries, bolstered aluminium prices in the futures market.
