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Aluminium rises by 0.2% on global cues

Besides, strong demand in spot markets influenced metal prices

Press Trust of India New Delhi
Aluminium prices edged up by 0.17% to Rs 115.10 per kg in futures trade today as participants enlarged positions amid a firming trend overseas.

Besides, strong demand in spot markets influenced metal prices.

At the Multi Commodity Exchange, aluminium for delivery in May inched up by 20 paise or 0.17% to Rs 115.10 per kg in a business turnover of 11 lots.

Likewise, the metal for delivery in April contracts traded higher by 10 paise or 0.09% to Rs 114.75 per kg in 477 lots.

Traders said apart from increased domestic demand, a firming global trend, helped aluminium futures to trade higher.

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First Published: Apr 22 2015 | 11:42 AM IST

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