NEW DELHI, July 28: Aluminium futures edged higher by 0.25 per cent to Rs 119.90 per kg today as speculators enlarged positions amid pick-up in demand at spot markets.
Besides, a firming trend in base metals at the London Metal Exchange (LME) also supported the upside.
At the Multi Commodity Exchange, aluminium for delivery in July rose 30 paise, or 0.25 per cent, to Rs 119.90 per kg, with a business turnover of 163 lots.
The metal for delivery in August also rose by a similar margin to trade at Rs 120.70 per kg in a turnover of 22 lots.
Marketmen said apart from a firming trend in base metals pack at the LME, rising demand at spot markets influenced aluminium prices at futures trade here. *(PTI)
Trending Now
E-Paper
Follow our WhatsApp channel