Tuesday, 12 September 2017

Aluminium Futures Marginally Down On Subdued Demand

Aluminium futures were trading lower during the noon trade in the domestic market on Tuesday as speculators engaged in reducing their exposure amid subdued demand from consuming industries in the spot market. Analysts said that tepid demand from consuming industries in the physical market mainly kept aluminium prices lower at futures trade.

At the MCX, aluminium futures for September 2017 contract is trading at Rs 134.45 per kg, down by 0.04 per cent, after opening at Rs 134.40, against a previous close of Rs 134.5 0. It touched the intra-day low of Rs 134.20 (at 14:30 hours).

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