Aluminium prices softened by 0.46 per cent to Rs 139.30 per kg in futures trading today as speculators trimmed their positions amid subdued demand from consuming industries in the spot market.
At the Multi Commodity Exchange, aluminium for delivery in October month declined by 65 paise, or 0.46 per cent to Rs 139.30 per kg in business turnover of 2,820 lots.
The metal for delivery in November shed 60 paise, or 0.43 per cent to Rs 140.05 per kg in 196 lots.
Analysts said cutting down of holdings by participants owing to sluggish demand from consuming industries in the physical market mainly influenced aluminium prices at futures trade.
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