Aluminium futures up on spot demand

New Delhi: Aluminium prices on Wednesday edged up 0.17 per cent to Rs 150.45 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 November delivery gained 25 paise, or 0.71 per cent, to Rs 150.45 per kg in a business turnover of 636 lots.

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