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Aluminium futures slip 0.4 pc on muted demand

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Press Trust of India New Delhi
Last Updated : May 03 2019 | 3:15 PM IST

Aluminium prices eased by 0.4 per cent to Rs 125.55 per kg in the futures trade Friday as speculators cut bets amid subdued demand at the domestic spot market.

On the Multi Commodity Exchange, aluminium for delivery in May contracts softened by 50 paise, or 0.4 per cent, to Rs 125.55 per kg in a business turnover of 18,207 lots.

Analysts said off-loading of positions by participants owing to slackened demand from consuming industries in the physical market weighed on aluminium prices in futures trade.

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First Published: May 03 2019 | 3:15 PM IST

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