Aluminium futures rise on spot demand

New Delhi, April 23 (PTI) Aluminium prices rose 0.5 per cent to Rs 191.25 per kg in the futures trade on Friday as speculators built up fresh positions amid a positive trend in the spot market.

On the Multi Commodity Exchange, aluminium contracts for the April delivery gained 95 paise, or 0.5 per cent, to Rs 191.25 per kg in a business turnover of 988 lots.

Analysts said creation of fresh positions by traders on demand from consumer industries supported aluminium prices in the futures market. PTI AST SHW SHW