Aluminium futures up on spot demand

New Delhi, Jul 9 (PTI) Aluminium prices rose 0.43 per cent to Rs 197 per kg in the futures trade on Friday as speculators built up fresh positions amid a positive trend in the spot market.

On the Multi Commodity Exchange, aluminium contracts for the July delivery gained 85 paise, or 0.43 per cent, to Rs 197 per kg in a business turnover of 2,396 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

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