Business Standard

Thursday, January 09, 2025 | 07:51 PM ISTEN Hindi

Notification Icon
userprofile IconSearch

Aluminium futures slip 0.4 pc on muted demand

Image

Press Trust of India New Delhi

Aluminium prices eased by 0.4 per cent to Rs 125.55 per kg in the futures trade Friday as speculators cut bets amid subdued demand at the domestic spot market.

On the Multi Commodity Exchange, aluminium for delivery in May contracts softened by 50 paise, or 0.4 per cent, to Rs 125.55 per kg in a business turnover of 18,207 lots.

Analysts said off-loading of positions by participants owing to slackened demand from consuming industries in the physical market weighed on aluminium prices in futures trade.

Disclaimer: No Business Standard Journalist was involved in creation of this content

Don't miss the most important news and views of the day. Get them on our Telegram channel

First Published: May 03 2019 | 3:15 PM IST

Explore News