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Aluminium prices today rose by 0.54% to Rs 111.40 per kg in futures trade as speculators enlarged positions amid a firming trend overseas.
Besides, increased demand at domestic spot markets also influenced prices.
At the Multi Commodity Exchange, aluminium for delivery in April rose by 60 paise, or 0.54%, to Rs 111.40 per kg in business turnover of 1,216 lots.
Similarly, the metal for delivery in May traded higher by 55 paise, or 0.49%, to Rs 112.65 per kg in 87 lots.
Market analysts said the rise in aluminium prices at futures trade was mostly attributed to a firming trend in metal at the London Metal Exchange and rising demand at spot markets here.
