Aluminium futures rise on fresh bets

Aluminium prices on Thursday increased marginally to Rs 269.40 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 April delivery increased by 10 paise or 0.04 per cent to Rs 269.40 per kg in a business turnover of 2,251 lots.

Analysts said fresh positions created by traders, on demand from consumer industries, supported aluminium prices in futures market.

(This story has not been edited by Devdiscourse staff and is auto-generated from a syndicated feed.)