NEW DELHI, Aug 4: Aluminium futures edged higher by 0.12 per cent to Rs 121.35 per kg today as speculators enlarged positions amid pick-up in demand at spot markets.
Besides, a firming trend in select base metals at the London Metal Exchange (LME) supported the upside.
At the Multi Commodity Exchange, aluminium for delivery in August rose 15 paise, or 0.12 per cent, to Rs 121.35 per kg, with a business turnover of 256 lots.
The metal for delivery in September also rose by a similar margin to trade at Rs 121.65 per kg in a turnover of three lots.
Marketmen said apart from a firming trend in base metals at the LME, rising demand at spot markets influenced aluminium prices at futures trade here. (PTI)
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