NEW DELHI: Aluminium prices rose 0.14 per cent to Rs 177.50 per kg in 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 April delivery gained 25 paise, or 0.14 per cent, to Rs 177.50 per kg in a business turnover of 1,496 lots.
Analysts said creation of fresh positions by traders on demand from consumer industries supported aluminium prices in the futures market.
This article was originally published by Indiatimes.com. Read the original article here.
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