Aluminium futures up on spot demand

New Delhi, Dec 16 (PTI) Aluminium prices edged up 0.49 per cent to Rs 165.55 per kg in futures trade on Wednesday, as speculators built up fresh positions amid a positive trend in spot market.

On the Multi Commodity Exchange, aluminium contracts for December delivery gained 80 paise, or 0.49 per cent, to Rs 165.55 per kg in a business turnover of 978 lots.

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