Aluminium prices rose 0.22 per cent to Rs 157.90 per kg in futures trading today as speculators made fresh bets, tracking a firm trend at the spot market on surging demand.
At the Multi Commodity Exchange, aluminium for delivery in June month edged up by 35 paise, or 0.22 per cent to Rs 157.90 per kg in business turnover of 264 lots.
On similar lines, the metal for delivery in July contract was trading higher by 25 paise, or 0.16 per cent to Rs 157.70 per kg in 4 lots.
Analysts said expanding of positions by participants on the back of rising demand from consuming industries in the physical market kept aluminium prices higher at futures trade.
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