Aluminium futures up on spot demand

New Delhi: Aluminium prices on Friday edged up 0.41 per cent to Rs 147.95 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 60 paise, or 0.41 per cent, to Rs 147.95 per kg in a business turnover of 866 lots.

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