Aluminium prices were up by 0.29 per cent to Rs 121.20 per kg in futures trading today as speculators built up fresh positions amid upsurge in demand at the spot market.
At the Multi Commodity Exchange, aluminium for delivery in June edged up higher by 35 paise, or 0.29 per cent to Rs 121.20 per kg in business turnover of 40 lots.
Similarly, the metal for delivery in May contracts traded higher by 30 paise, or 0.25 per cent to Rs 121.15 per kg in 599 lots.
Analysts said fresh positions created by participants due to pick up in demand from consuming industries in the spot market mainly led to rise in aluminium prices at futures trade.
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