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Aluminium falls by 0.1% on profit-booking

Profit-booking by speculators caused the fall in prices

Press Trust of India New Delhi
Last Updated : Jun 12 2015 | 11:23 AM IST
Amid profit-booking by speculators, aluminium futures fell 0.13% to Rs 112.10 per kg even as the metal strengthened overseas.

At Multi Commodity Exchange, aluminium for delivery in July shed 15 paise, or 0.13%, to Rs 112.10 per kg, with a business turnover of 2 lots.

The metal for delivery in the current month also fell 10 paise, or 0.09%, to trade at Rs 110.35 per kg in a turnover of 256 lots.

Marketmen said the fall in aluminium futures was mostly attributed to profit-booking by speculators, but a firming trend in copper and other base metals overseas capped the losses.

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First Published: Jun 12 2015 | 11:13 AM IST

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