NEW DELHI, Mar 21: Aluminium prices edged up by 0.53 per cent to Rs 104.60 per kg in futures trade today as participants enlarged their positions, supported by a firming trend overseas.
Strong demand in the spot markets also influenced metal prices.
At the Multi Commodity Exchange, aluminium for delivery in March inched up by 55 paise, or 0.53 per cent, to Rs 104.60 per kg in business turnover of 463 lots.
Likewise, the metal for delivery in April traded higher marginally by 55 paise, or 0.52 per cent, to Rs 106.30 per kg in 38 lots.
Marketmen said apart from increased domestic demand, a firming global trend helped aluminium futures to trade higher.
Meanwhile, aluminium climbed 0.1 per cent to USD 1,939 tonne on the London Metal Exchange. (PTI)
Trending Now
E-Paper
Follow our WhatsApp channel