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Aluminium futures soften 0.39 pc on profit-booking

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Press Trust of India New Delhi
Last Updated : Nov 01 2016 | 12:28 PM IST
Aluminium prices edged lower by 0.39 per cent to Rs 115.50 in futures trade today as speculators booked profits at prevailing levels.
At the Multi Commodity Exchange, aluminium for delivery in November eased by 45 paise, or 0.39 per cent to Rs 115.50 per kg in a business turnover of 704 lots.
Similarly, the metal for delivery in December shed 25 paise, or 0.21 per cent to Rs 116.05 per kg in 6 lots.
Market analysts said besides profit-booking by participants, fall in demand from consuming industries in the spot market, mainly influenced aluminium prices at futures trade.

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First Published: Nov 01 2016 | 12:28 PM IST

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