Aluminium futures up on spot demand

New Delhi: Aluminium prices on Wednesday edged up 0.24 per cent to Rs 145.90 per kg in the futures trade as speculators built up fresh positions amid a positive trend in spot market. On the Multi Commodity Exchange, aluminium contracts for the September delivery gained 35 paise, or 0.24 per cent, to Rs 145.90 per kg in a business turnover of 717 lots.

Analysts said fresh positions created by traders after some demand from consumer industries supported aluminium prices.