Commodity Watch: Aluminium Futures Rise Marginally On Fresh Bets

New Delhi: Aluminium prices on Thursday rose marginally by 5 paise to Rs242.10 per kilogram in the futures trade as speculators built up fresh positions amid a positive trend in the spot market. On the Multi Commodity Exchange, aluminium for delivery in July increased 5 paise or 0.02 per cent to Rs242.10 per kg in 442 lots.

Zinc futures rise on high demand

Zinc prices on Thursday rose 25 paise to Rs256.85 per kilogram in futures trade amid a pick-up in spot demand. On the Multi Commodity Exchange, zinc contracts for July delivery traded higher by 25 paise or 0.1 per cent at Rs256.85 per kg with a business turnover of 391 lots.

Copper futures decline on weak trend

Copper futures on Thursday slipped to Rs878.15 per kilogram as participants reduced their positions amid muted demand in the domestic market. On the Multi Commodity Exchange, copper contracts for July delivery marginally eased by 45 paise or 0.05 per cent to Rs878.15 per kilogram in a business turnover of 1,066 lots.