Aluminium futures up on spot demand

New Delhi, Mar 15 (PTI) Aluminium prices rose by 0.15 per cent to Rs 171 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 March delivery gained 25 paise, or 0.15 per cent, to Rs 171 per kg in a business turnover of 1,172 lots.

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