Aluminium prices on Wednesday rose 70 paise to Rs 254.20 per kilogram in the futures market as speculators built up fresh positions amid a positive trend in the spot market.
On the Multi Commodity Exchange, aluminium for delivery in March increased 70 paise or 0.28 per cent to Rs 254.20 per kg in 536 lots.
Analysts said fresh positions created by traders amid demand from consuming industries supported aluminium prices in the futures market