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Aluminium down 0.3% on global cues

Prices fell as speculators offloaded their positions

Press Trust of India New Delhi
Last Updated : Mar 26 2013 | 2:30 PM IST
Aluminium futures for March declined by 30 paise, or 0.29%, to Rs 103.30 per kg in 951 lots.     

At the Multi Commodity Exchange (MCX), the April contract traded lower by 5 paise, or 0.05%, to Rs 105.05 per kg in 352 lots.

Prices fell as speculators offloaded their positions.

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Further, sluggish demand in the domestic spot markets also weighed on the metal prices.

At the London Metal Exchange (LME), aluminium retreated 0.9% to $1,929 per tonne.

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First Published: Mar 26 2013 | 2:29 PM IST

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