Aluminium futures rise on spot demand

New Delhi, Mar 24 (PTI) Aluminium prices rose 0.46 per cent to Rs 174.10 per kg in the futures trade on Wednesday as speculators built up fresh positions amid a positive trend in the spot market.

On the Multi Commodity Exchange, aluminium contracts for the March delivery gained 80 paise, or 0.46 per cent, to Rs 174.10 per kg in a business turnover of 543 lots.

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