Aluminium futures rise on spot demand

New Delhi, April 1 (PTI) Aluminium prices rose 0.57 per cent to Rs 177.65 per kg in the futures trade on Thursday 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 Rs 1, or 0.57 per cent, to Rs 177.65 per kg in a business turnover of 1493 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