Aluminium futures remain up on global cues

NEW DELHI, Apr 10: Aluminium prices rose further by 0.65 per cent to Rs 140.20 per kg in futures trading today as speculators indulged in enlarging positions, tracking a firm trend overseas and pick-up in domestic demand.
At the Multi Commodity Exchange, aluminium for delivery in April was trading higher by 90 paise, or 0.65 per cent, to Rs 140.20 per kg in a business turnover of 557 lots.
Similarly, the metal for delivery in May traded higher by 80 paise, or 0.57 per cent, to Rs 140 per kg in 29 lots.
Analysts said, apart from positive global cues, pick-up in demand from consuming industries at the domestic markets, continued to influence aluminium prices in futures trade here.
At the London Metal Exchange (LME), aluminium rallied 0.2 per cent. (PTI)


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