Aluminium futures rise on spot demand

New Delhi, Mar 26 (PTI) Aluminium prices rose 0.14 per cent to Rs 177.50 per kg in futures trade on Friday as speculators built up fresh positions amid a positive trend in spot market.

On the Multi Commodity Exchange, aluminium contracts for April delivery gained 25 paise, or 0.14 per cent, to Rs 177.50 per kg in a business turnover of 1,496 lots.

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