Aluminium futures up marginally on good spot demand

In a range-bound trading, aluminium futures gained Rs 0.25, or 0.27 per cent, at Rs 93.45 per kg today on the back of better demand at the spot market.

At the Multi Commodity Exchange platform, aluminium for delivery in August contract traded Rs 0.25, or 0.27 per cent, higher at Rs 93.45 per kg, with a business volume of one lot.

The metal for delivery in July contract also moved up by Rs 0.10, or 0.11 per cent, to Rs 92.35 per kg, with a turnover of 80 lots.

Market analysts said good demand at domestic markets, supported the rise in aluminium prices at futures market here.