Aluminium futures rise on fresh bets

New Delhi, Sep 16 (PTI) Aluminium prices on Monday climbed 0.41 per cent to Rs 231.35 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 95 paise or 0.41 per cent to Rs 231.35 per kg in a business turnover of 1,312 lots.

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