Aluminium futures rise on fresh bets

New Delhi, Sep 6 (PTI) Aluminium prices on Friday climbed 0.18 per cent to Rs 221.50 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 October delivery increased 40 paise or 0.18 per cent to Rs 221.50 per kg in a business turnover of 320 lots.

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