Aluminium futures soften by 0.33% on subdued demand

Aluminium prices were down 0.33 per cent to Rs 105.10 per kg in futures trade today as traders reduced exposure amid weak trend at spot market on sluggish demand.
At the Multi Commodity Exchange, aluminium for delivery in September declined by 35 paise, or 0.33 per cent, to Rs 105.10 per kg, in a business turnover of 136 lots.
Likewise, the metal for delivery in October traded lower by a similar margin to Rs 106.15 per kg in nine lots.
Market analysts said the weakness in aluminium at futures trade was mostly in step with a weak trend at spot market on subdued demand from consuming industries at domestic spot markets.