In range-bound trade, aluminium futures prices moved up by 0.34 per cent to Rs 102.55 per kg in today, largely in line with a firming trend in other base metals in global markets, as weaker dollar raised demand for commodities.
At the Multi Commodity Exchange counter, aluminium for delivery in October gained 35 paise, or 0.34 per cent, to Rs 102.55 per kg, with a business turnover of 13 lots, while delivery in November gained 30 paise, or 0.33 per cent, to Rs 104.05 per kg, with a business volume of just one lot.
At the London Metal Exchange (LME), aluminum rose 0.5 per cent to $2,333.50 a tonne.
Marketmen said besides firming trend in base metals in overseas markets after a weak dollar boosted demand for commodities, better trend at spot markets on the back of pick up in demand, also influenced the aluminium futures prices.