Aluminium futures up on spot demand

New Delhi: Aluminium prices on Friday edged up 0.28 per cent to Rs 144.65 per kg in the futures trade as speculators built up fresh positions amid a positive trend in the spot market. On the Multi Commodity Exchange, aluminium contracts for the September delivery gained 40 paise, or 0.28 per cent, to Rs 144.65 per kg in a business turnover of 664 lots. Analysts said fresh positions created by traders after some demand from consuming industries supported aluminium prices.