Aluminium futures were trading higher during the noon trade in the domestic market on Wednesday as speculators built up fresh positions, driven by pick up in demand at the spot market. Analysts said widening of positions by participants due to pick up in demand from consuming industries in the spot market mainly influenced aluminium prices at futures trade.

At the MCX, aluminium futures for August 2017 contract is trading at Rs 131.70 per kg, up by 2.13 per cent, after opening at Rs 129.70, against a previous close of Rs 128.95. It touched the intra-day high of Rs 132.

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