Aluminium futures up on spot demand

New Delhi, Feb 16 (PTI) Aluminium prices on Tuesday rose 0.15 per cent to Rs 167.40 per kg in the futures trade as speculators built up fresh positions amid a positive trend in the spot market.

On the Multi Commodity Exchange, aluminium contracts for the February delivery gained 25 paise, or 0.15 per cent, to Rs 167.40 per kg in a business turnover of 827 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