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Buoyed by firming trend overseas and rising spot demand, aluminium futures rose by 0.30% to Rs 116.55 per kg today as traders created fresh positions.
At the Multi Commodity Exchange, aluminium for delivery in current month moved up by 35 paise, or 0.30%, to Rs 116.55 per kg, with a business turnover of 326 lots.
The metal for delivery in May contracts rose by 25 paise, or 0.21%, to Rs 116.80 per kg in a business turnover of 27 lots.
Market participants said besides rising demand at domestic spot markets, a firming trend in the base metals pack at the London Metal Exchange (LME), helped aluminium futures to trade higher.
