Aluminium up by 0.1% on global cues
Further, a rising demand at the domestic spot market also influenced metal prices
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Aluminium futures traded a shade higher at Rs 106.90 per kg today as participants strengthened their positions, supported by an upward trend overseas.
Further, a rising demand at the domestic spot market also influenced metal prices.
At the Multi Commodity Exchange, aluminium for delivery in June inched up by 15 paise, or 0.14%, to Rs 106.90 per kg in a business turnover of 558 lots.
Likewise, the metal for delivery in July traded marginally higher by 10 paise, or 0.09%, to Rs 108.65 per kg in 71 lots.
Marketmen said apart from an increased domestic demand, a firming global trend in the base metals pack at the London Metal Exchange , mainly influenced metal prices at futures trade here.
Further, a rising demand at the domestic spot market also influenced metal prices.
At the Multi Commodity Exchange, aluminium for delivery in June inched up by 15 paise, or 0.14%, to Rs 106.90 per kg in a business turnover of 558 lots.
Likewise, the metal for delivery in July traded marginally higher by 10 paise, or 0.09%, to Rs 108.65 per kg in 71 lots.
Marketmen said apart from an increased domestic demand, a firming global trend in the base metals pack at the London Metal Exchange , mainly influenced metal prices at futures trade here.
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First Published: Jun 19 2015 | 11:42 AM IST