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Alumininum gains 0.34% in futures trade

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Press Trust of India New Delhi
Last Updated : Jan 20 2013 | 1:18 AM IST

In a range-bound trade, aluminium rose 0.34 per cent to Rs 103.05 per kg at futures market today, as speculators enlarged their positions, driven by firming trend at spot markets.

At the Multi Commodity Exchange platform, aluminium for September contract delivery rose by 35 paise, or 0.34 per cent, to Rs 103.05 per kg, with a business turnover of 559 lots.

The metal for October contract delivery also edged up by 30 paisa, or 0.29 per cent, to Rs 104 per kg, with a business turnover of 57 lots.

Marketmen said better trend in the physical markets due to pick up in demand, helped the aluminium futures prices to trade higher.

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First Published: Sep 24 2010 | 1:32 PM IST

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