Aluminium up 0.31 per cent in futures trade


Aluminium prices moved up by 0.31 per cent to Rs 112.20 per kg in futures trading today as speculators created fresh positions driven by a firming trend overseas. 

At the Multi Commodity Exchange , aluminium for delivery in May gained 35 paise, or 0.31 per cent to Rs 112.20 per kg, with a trade volume of 99 lots. 

The metal for delivery in June also traded higher by 30 paise, or 0.27 per cent to Rs 112.95 per kg, with a business turnover of 10 lots. 

Analysts said a better trend in the global markets along with good spot markets demand helped aluminium prices to recover at futures trade here.


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