Commodity Watch: Aluminium futures rise on higher turnover

New Delhi: Aluminium prices rose slightly by 50 paise to Rs 276.10 per kilogram in the futures trade as speculators built up fresh positions amid a positive trend in the spot market. Aluminium for delivery in December increased 0.18 per cent in 647 lots.

Fresh positions created by traders amid demand from consuming industries supported aluminium prices in futures market.

Copper futures gain on fresh positions

Copper futures rose 0.02 per cent to Rs 1,016 per kilogram due to higher spot demand. Copper contracts for December delivery grew 20 paise or 0.02 per cent to Rs 1,016 per kg in a business turnover of 3,296 lots.

Zinc futures flat on muted demand

Zinc prices were unchanged at Rs 299.70 per kilogram in futures trade as traders kept to the sidelines amid weak demand trends in the spot market. Zinc contracts for December delivery traded steady in 647 lots.