New Delhi, March 9 Aluminium prices rose by nearly 1.6 per cent to Rs 348.85 per kg in futures trading on Monday, as speculators built up fresh positions amid a positive trend in the spot market.
On the Multi Commodity Exchange, the price of aluminium for delivery in April increased by Rs 5.50, or 1.6 per cent, to Rs 348.85 per kilogram in 289 lots.
Analysts said that fresh positions created by traders, supported by demand from consuming industries, boosted aluminium prices in the futures market.
