Aluminium futures up on spot demand

New Delhi, Feb 18 (PTI) Aluminium prices rose 0.73 per cent to Rs 172.5 per kg in the futures trade on Thursday, 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 Rs 1.25, or 0.73 per cent, to Rs 172.45 per kg in a business turnover of 684 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