Aluminium prices rose 0.3% to Rs 201.70 per kg on the Multi Commodity Exchange, driven by speculators building up fresh positions and positive spot market trends.
New Delhi, Feb 15 (PTI) Aluminium prices on Thursday inched up 0.3 per cent to Rs 201.70 per kilogram in futures trade as speculators built up fresh positions amid a positive trend in the spot market.
On the Multi Commodity Exchange, aluminium contracts for February delivery increased marginally 60 paise or 0.3 per cent to Rs 201.70 per kg in a business turnover of 2,791 lots.
Analysts said fresh positions created by traders amid demand from consuming industries supported aluminium prices in the futures market.
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