PTI reported that in tight range movements, aluminum traded 0.18% up in futures trading today, tracking firming trend overseas amid pick up in spot demand.
At the Multi Commodity Exchange, aluminum for delivery in February gained 20 paise or 0.18% to INR 114.30 per kilogram with a business turnover of 10 lots.
The metal for delivery in March also strengthened by 5 paise or 0.04% to INR 115.20 per kilogram with a trading volume of two lots. Meanwhile, at the London Metal Exchange, aluminum was trading 0.6% higher at USD 2,510 per tonne.
Analysts said that apart from firming trend at the London Metal Exchange, pick up in domestic demand also influenced the aluminum futures prices.
（Sourced from Press Trust of India）
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