 "Aluminium up 0.2% on global cues, spot demand")
Aluminium prices went up by 0.16% to Rs 126.30 per kg in futures trade today as participants strengthened their positions, supported by an upward trend overseas.
Further, strong demand in the spot markets also influenced metal prices.
At the Multi Commodity Exchange, aluminium for delivery in October inched up by 20 paise, or 0.16%, to Rs 126.30 per kg in business turnover of 49 lots.
Marketmen said apart from increased domestic demand, a firming global in copper and other base metals, mainly influenced metal prices at futures trade here.
Further, strong demand in the spot markets also influenced metal prices.
At the Multi Commodity Exchange, aluminium for delivery in October inched up by 20 paise, or 0.16%, to Rs 126.30 per kg in business turnover of 49 lots.
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Likewise, the metal for delivery in September traded marginally higher by 15 paise, or 0.12%, to Rs 125.10 per kg in 514 lots.
Marketmen said apart from increased domestic demand, a firming global in copper and other base metals, mainly influenced metal prices at futures trade here.