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Aluminium prices edged higher by 0.20% to Rs 102.10 per kg in futures trade today as speculators enlarged positions amid a firming trend overseas.
Besides, increased demand at domestic spot markets also influenced the prices.
At the Multi Commodity Exchange, aluminium for delivery in March rose 20 paise, or 0.20%, to Rs 102.10 per kg in a business turnover of 86 lots.
Similarly, the metal for delivery in April traded higher by 20 paise, or 0.19%, to Rs 103.70 per kg in 39 lots.
Market analysts said the rise in aluminium prices at futures trade was mostly due to a firming trend in copper and other base metals at the London Metal Exchange and rising demand at spot markets here.
