Aluminium prices moved up by 0.83 per cent to Rs 145.40 per kg in futures trade today as speculators raised their bets, tracking a firm trend at the spot market.
At the Multi Commodity Exchange, aluminium for delivery in July edged up by Rs 1.20 or 0.83 per cent to Rs 145.40 per kg in business turnover of 398 lots.
On similar lines, the metal for delivery in August contracts was trading higher by Rs 1.15, or 0.80 per cent to Rs 145.80 per kg in 10 lots.
Analysts said widening of positions by participants on the back of surging demand from consuming industries in the physical market mainly led to rise in aluminium at futures trade.
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