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Aluminium futures marginally up
Edited by : AL CIRCLE
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New Delhi, Dec 23 (PTI) Aluminium futures prices were up by 0.14 per cent today, largely in tune with a firming trend in base metals overseas and pick-up in demand from domestic industrial units.
At the Multi Commodity Exchange counter, aluminium for January delivery gained 15 paise, or 0.14 per cent, to Rs 106.95 per kg, with a turnover of 24 lots.
Similarly, the base metal for delivery in the current month traded higher by 5 paise, or 0.05 per cent, to Rs 105.55 per kg in a turnover of 198 lots.
Market analysts said pick up in domestic demand and reports of firming trend in base metals at the London Metal Exchange after better-than-expected US economic data, influenced aluminium futures prices here.
At the Multi Commodity Exchange counter, aluminium for January delivery gained 15 paise, or 0.14 per cent, to Rs 106.95 per kg, with a turnover of 24 lots.
Similarly, the base metal for delivery in the current month traded higher by 5 paise, or 0.05 per cent, to Rs 105.55 per kg in a turnover of 198 lots.
Market analysts said pick up in domestic demand and reports of firming trend in base metals at the London Metal Exchange after better-than-expected US economic data, influenced aluminium futures prices here.
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