Aluminium futures rise 0.14 pc on spot demand

NEW DELHI, July 3: Aluminium prices went up by 0.14 per cent to Rs 146.50 per kg in futures trade today as speculators built up fresh positions following improved demand at the spot market.
At the Multi Commodity Exchange, aluminium for delivery in August was trading higher by 20 paise, or 0.14 per cent, to Rs 146.50 per kg in a business turnover of 21 lots.
However, the metal for delivery in July held steady at Rs 146.05 per kg in 557 lots.
Analysts said fresh positions created by participants after uptick in demand from industries in the physical market influenced aluminium prices in futures trade. (PTI)

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