NEW DELHI: Aluminium prices rose 1.39 per cent to Rs 200.55 per kg in the futures trade on Wednesday, as speculators built up fresh positions amid a positive trend in the spot market.
On the Multi Commodity Exchange, aluminium contracts for the July delivery gained Rs 2.75, or 1.39 per cent, to Rs 200.55 per kg in a business turnover of 3,233 lots.
Analysts said creation of fresh positions by traders on demand from consumer industries supported aluminium prices in the futures market.