Aluminium futures up on spot demand

New Delhi, Feb 8 (PTI) Aluminium prices rose by 0.43 per cent to Rs 164.55 per kg in futures trade on Monday as speculators built up fresh positions amid a positive trend in spot market.

On the Multi Commodity Exchange, aluminium contracts for February delivery gained 70 paise, or 0.43 per cent, to Rs 164.55 per kg in a business turnover of 913 lots.

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