Aluminium futures ease on low demand

Aluminium futures ease on low demand

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New Delhi, Jun 4 (PTI) Aluminium prices on Thursday softened by 0.34 per cent to Rs 133.25 per kg in futures trade as speculators cut bets amid subdued demand in spot market.

On the Multi Commodity Exchange, aluminium for delivery in June contracts eased by 45 paise, or 0.34 per cent, to Rs 133.25 per kg in a business turnover of 940 lots.

Analysts said offloading of positions by participants owing to slackened demand from consuming industries in physical market weighed on aluminium prices in futures trade. PTI RUJ SHW SHW

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