Aluminium futures prices upsurge on new deals

New Delhi, Aluminium prices rose marginally to Rs 250.90 per kg in futures trade on Friday as speculators created new deals amid positive trend in the spot market.

At the Multi Commodity Exchange, the price of aluminium contract for August delivery rose 5 paise or 0.02 per cent to Rs 250.90 per kg in a business turnover of 1,202 lots.

Analysts said buying of new deals by traders amid demand from consumer industries supported aluminium prices in the futures market.