 "Aluminium up by 0.4% on global trend")
Aluminium futures traded 0.41% higher at Rs 99.15 per kg, largely in tandem with a firming trend in base metals at the London Metal Exchange (LME).
Besides, increased demand at domestic spot markets influenced prices.
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At Multi Commodity Exchange, aluminium for delivery in current month rose 40 paise, or 0.41%, to Rs 99.15 per kg in a business turnover of 145 lots.
Metal for delivery in April month contracts was trading higher by 40 paise, or 0.40% at Rs 100.80 per kg in 7 lots.
Analysts attributed the rise in aluminium prices at futures trade to a firming trend at the LME after the Easter holiday as US home sales climbed, boosting demand prospects, and a weaker dollar made commodities cheaper in other currencies.
Globally, aluminium gained 1.9% to $1,504 per tonne.
