Aluminium futures rise on fresh bets

New Delhi, Aug 9 (PTI) Aluminium prices on Friday climbed 0.84 per cent to Rs 214.85 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 August delivery increased Rs 1.80 or 0.84 per cent to Rs 214.85 per kg in a business turnover of 4,254 lots.

Analysts said fresh positions created by traders amid demand from consuming industries supported aluminium prices in the futures market.