Market and product
Aluminium up 0.2% on spot demand
At the Multi Commodity Exchange, aluminium for delivery in February rose by 25 paise, or 0.23%, to Rs 107.60 per kg in a turnover of 256 lots.
The metal for delivery in March rose by a similar margin to trade at Rs 109 per kg in a business volume of 13 lots.
Market analysts said the rise in aluminium prices at futures trade was mostly attributed to rising demand at domestic spot markets but a weak trend overseas on high stockpiles limited the gains.
Globally, aluminium for delivery in three months at the London Metal Exchange retreated as much as 0.5% to $1,758 per tonne.
