Aluminium futures rise on fresh bets

New Delhi, Aug 7 (PTI) Aluminium prices on Monday increased by 0.12 per cent to Rs 202.50 per kilogramme 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 25 paise or 0.12 per cent to Rs 202.50 per kg in a business turnover of 3,600 lots.

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