Aluminium futures up on spot demand

New Delhi: Aluminium prices on Friday edged up 0.18 per cent to Rs 142.85 per kg in futures trade as speculators built up fresh positions amid a positive trend in spot market. On the Multi Commodity Exchange, aluminium contracts for October delivery gained 25 paise, or 0.18 per cent, to Rs 142.85 per kg in a business turnover of 577 lots.

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