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Aluminium prices rose by 0.84% to Rs 239.65 per kilogram in futures trade on Thursday as speculators built up fresh positions due to a positive trend in the spot market. On the Multi Commodity Exchange, aluminium contracts for May delivery increased by Rs 2 or 0.84% to Rs 239.65 per kg in a business turnover of 2,545 lots. Analysts stated that fresh positions created by traders, along with demand from consuming industries, supported aluminium prices in the futures market.
