Aluminium futures up on spot demand

New Delhi, Dec 18 (PTI) Aluminium prices edged up 0.16 per cent to Rs 167.50 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 December delivery gained Re 1, or 0.16 per cent, to Rs 167.50 per kg in a business turnover of 938 lots.

Analysts said fresh positions created by traders on demand from consumer industries supported aluminium prices. PTI SHW RUJ RUJ