Business Standard

Aluminium futures fall on soft demand

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Press Trust of India New Delhi

Aluminium prices fell by 40 paise to Rs 133.60 per kg in futures trade on Thursday as participants trimmed positions, tracking a weak trend at spot market due to sluggish demand.

At the Multi Commodity Exchange, aluminium for October delivery eased by 40 paise, or 0.3 per cent, to Rs 133.60 per kg in a business turnover of 327 lots.

Similarly, the metal for November delivery weakened by 30 paise, or 0.22 per cent, to Rs 135.80 per kg in 11 lots.

Analysts attributed the weakness in aluminium prices to slackened demand from consuming industries in the spot market.

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First Published: Oct 17 2019 | 1:10 PM IST

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