Aluminium futures marginally up on global cues, spot demand

NEW DELHI, June 19:  Aluminium futures traded a shade higher at Rs 106.90 per kg today as participants strengthened their positions, supported by an upward trend overseas.
Further, a rising demand at the domestic spot market also influenced metal prices.
At the Multi Commodity Exchange, aluminium for delivery in June inched up by 15 paise, or 0.14 per cent, to Rs 106.90 per kg in a business turnover of 558 lots.
Likewise, the metal for delivery in July traded marginally higher by 10 paise, or 0.09 per cent, to Rs 108.65 per kg in 71 lots.
Marketmen said apart from an increased domestic demand, a firming global trend in the base metals pack at the London Metal Exchange , mainly influenced metal prices at futures trade here. (PTI)