Aluminium futures up on spot demand

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

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On the Multi Commodity Exchange, aluminium contracts for November delivery gained 10 paise, or 0.07 per cent, to Rs 150.15 per kg in a business turnover of 641 lots.
New Delhi: Aluminium prices on Friday edged up 0.07 per cent to Rs 150.15 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 10 paise, or 0.07 per cent, to Rs 150.15 per kg in a business turnover of 641 lots.

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