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Aluminium futures slip on low demand

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Press Trust of India New Delhi
Last Updated : Jul 09 2019 | 2:00 PM IST

Aluminium prices softened 0.14 per cent to Rs 141.65 per kg in futures trade Tuesday as speculators cut bets amid subdued demand at the spot market.

On Multi Commodity Exchange, aluminium contracts for July delivery eased by 20 paisa, or 0.14 per cent, to Rs 141.65 per kg in a business turnover of 2,773 lots.

Analysts said offloading of positions by participants owing to slackened demand from consuming industries at spot market mainly weighed on the aluminium prices here.

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First Published: Jul 09 2019 | 2:00 PM IST

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