Commodity Watch: Aluminium futures climb on high turnover

New Delhi: Aluminium prices rose by Re 1 to Rs 262.25 per kilogram in the futures trade as speculators built up fresh positions amid a positive trend in the spot market. Aluminium for delivery in November increased by 0.38 per cent in 350 lots.

Zinc futures gain on increased bets

Zinc prices rose Rs 3 to Rs 293.50 per kilogram in futures trade amid a pick-up in spot demand. Zinc contracts for November delivery traded rose 1.03 per cent in a turnover of 567 lots. The widening of positions by participants, following a pick-up in demand from consuming industries, kept zinc prices higher in futures trade.

Copper futures rise on spot demand

Copper futures rose 1.82 per cent to Rs 980.10 per kilogram due to higher spot demand. Copper contracts for November delivery grew Rs 17.50 in a turnover of 1,088 lots. Analysts attributed the rise in copper prices to higher bets by participants.