Aluminium Prices Surge Amid Speculator Activity

Aluminium prices climbed by 65 paise to Rs 262.45 per kilogram in futures trading. This increase was driven by speculators initiating new positions, supported by robust demand from consuming industries. The positive trend was observed on the Multi Commodity Exchange for November deliveries amidst market optimism.

Devdiscourse News Desk | New Delhi | Updated: 06-10-2025 11:16 IST | Created: 06-10-2025 11:16 IST

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Aluminium prices increased by 65 paise to reach Rs 262.45 per kilogram in futures trading on Monday. This rise was attributed to speculators entering new positions, indicating a positive trend in the spot market.

The Multi Commodity Exchange noted a 0.25 per cent increase in aluminium for delivery in November, with 397 lots changing hands.

Analysts attribute this uptick to fresh positions taken by traders, spurred by healthy demand from consuming industries, which has bolstered aluminium prices in the futures market.

(With inputs from agencies.)