 "Aluminium up 0.3% on spot demand")
Aluminium prices today rose by 0.32% to Rs 111 per kg in futures trade mostly in supported by a firming trend in spot markets on the back of industrial demand even as metal weakened overseas.
At the Multi Commodity Exchange, aluminium for delivery in January 2014 rose 35 paise, or 0.32%, to Rs 111 per kg in business turnover of three lots.
Similarly, the metal for delivery in December traded higher by 30 paise, or 0.28%, to Rs 109.20 per kg in 71 lots.
Market analysts said the rise in aluminium prices at futures trade was mostly attributed to a firming trend in the domestic spot markets on rising demand but metal's weakness at the London Metal Exchange, limited the gains.
At the Multi Commodity Exchange, aluminium for delivery in January 2014 rose 35 paise, or 0.32%, to Rs 111 per kg in business turnover of three lots.
Similarly, the metal for delivery in December traded higher by 30 paise, or 0.28%, to Rs 109.20 per kg in 71 lots.
Market analysts said the rise in aluminium prices at futures trade was mostly attributed to a firming trend in the domestic spot markets on rising demand but metal's weakness at the London Metal Exchange, limited the gains.