Aluminium rises 0.3% on global cues
Increased domestic, strong spot market demands influenced metal prices
 "Aluminium rises 0.3% on global cues")
Aluminium futures for March inched up by 35 paise, or 0.33%, to Rs 106.45 per kg in 1,814 lots.
At the Multi Commodity Exchange (MCX), the April contract traded higher marginally by 30 paise, or 0.28%, to Rs 107.80 per kg in 135 lots.
Prices rose as participants enlarged their positions.
Firming global trend helped aluminium futures to trade higher.
On the London Metal Exchange (LME). aluminium climbed 1.5% to $1,981.50 tonne.
At the Multi Commodity Exchange (MCX), the April contract traded higher marginally by 30 paise, or 0.28%, to Rs 107.80 per kg in 135 lots.
Prices rose as participants enlarged their positions.
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Further, increased domestic demand in tandem with strong spot market demands also influenced metal prices.
Firming global trend helped aluminium futures to trade higher.
On the London Metal Exchange (LME). aluminium climbed 1.5% to $1,981.50 tonne.