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Aluminium prices edged up by 0.74% to Rs 122.85 per kg in futures trade today as participants engaged in enlarging positions, supported by a firming overseas trend.
Further, better demand in the spot markets also influenced metal prices.
At the Multi Commodity Exchange, aluminium for delivery in September up by 90 paise, or 0.74%, to Rs 122.85 per kg in business turnover of 45 lots.
Likewise, aluminium for delivery in August traded higher by 85 paise, or 0.71%, to Rs 121.30 per kg in 297 lots.
Marketmen said apart from increased domestic demand, a firming trend in base metals overseas as manufacturing index in China increased in August from an 11-month low, adding to signs the world's second-biggest economy is stabilizing, supported the upside in aluminum prices at futures trade.
In the international market, aluminium gained 0.6% at the London Metal Exchange.
