Aluminium futures up on spot demand

New Delhi: Aluminium prices on Monday edged up 1 per cent to Rs 151.95 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 Rs 1.50, 1 per cent, to Rs 151.95 per kg in a business turnover of 1097 lots.

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