Supported by firm demand at the physical market, aluminium prices edged higher by Rs 0.85, or 0.84 per cent, to Rs 101.50 per kg in futures trade today.
A better trend in copper and other base metals overseas on a weak dollar also influenced aluminium futures here.
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At the Multi Commodity Exchange, aluminium for September month contract rose by Rs 0.85, or 0.84 per cent, to Rs 101.50 per kg with a business turnover in one lot.
Similarly, the metal for delivery in September contract traded higher by Rs 0.80, or 0.80 per cent, to Rs 100.50 per kg, with a turnover of 8 lots.
Market experts said apart from rising demand at the physical markets from consuming industries, firm trend in base metals overseas on a weak dollar also influenced aluminium prices in futures trade.
