Business Standard

Tuesday, January 07, 2025 | 08:01 PM ISTEN Hindi

Notification Icon
userprofile IconSearch

Aluminium futures slip on low demand

Image

Press Trust of India New Delhi

Aluminium prices softened 0.14 per cent to Rs 141.65 per kg in futures trade Tuesday as speculators cut bets amid subdued demand at the spot market.

On Multi Commodity Exchange, aluminium contracts for July delivery eased by 20 paisa, or 0.14 per cent, to Rs 141.65 per kg in a business turnover of 2,773 lots.

Analysts said offloading of positions by participants owing to slackened demand from consuming industries at spot market mainly weighed on the aluminium prices here.

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: Jul 09 2019 | 2:00 PM IST

Explore News