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Aluminium futures up 0.30% on pick-up in demand

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Press Trust of India New Delhi
Aluminium futures edged higher by 0.30 per cent to Rs 115.25 per kg today as speculators enlarged positions amid pick-up in demand at spot markets.

At the Multi Commodity Exchange, aluminium for delivery in July rose 35 paise, or 0.30 per cent, to Rs 115.25 per kg, with a business turnover of 259 lots.

The metal for delivery in August also gained 30 paise, or 0.26 per cent, to trade at Rs 116.35 per kg in a turnover of six lots.

Marketmen said a firm trend in the metal at spot markets on increased demand from consuming industries influenced aluminium prices at futures trade here.

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First Published: Jul 11 2014 | 12:04 PM IST

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