 "Aluminium gains by 0.1% on spot demand")
Aluminium prices were up by 0.15% to Rs 101.60 per kg in futures trade today as speculators enlarged positions even as metal weakened overseas.
At the Multi Commodity Exchange, aluminium for delivery in October rose 15 paise, or 0.15%, to Rs 101.60 per kg, in a business turnover of 406 lots.
The metal for delivery in November traded higher by 10 paise, or 0.10%, to Rs 103.15 per kg in eight lots.
Analysts said the rise in aluminium prices at futures trade was mostly attributed to a firming trend at the spot markets on the back of rising industrial demand but metals weakness overseas, limited the gains.
At the Multi Commodity Exchange, aluminium for delivery in October rose 15 paise, or 0.15%, to Rs 101.60 per kg, in a business turnover of 406 lots.
The metal for delivery in November traded higher by 10 paise, or 0.10%, to Rs 103.15 per kg in eight lots.
Analysts said the rise in aluminium prices at futures trade was mostly attributed to a firming trend at the spot markets on the back of rising industrial demand but metals weakness overseas, limited the gains.
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