22 JANUARY 2016Business Standard
Aluminium down 0.1% on subdued demand
Edited by : AL CIRCLE
1 min read
Aluminium prices eased by 0.10% to INR 100.90 per kg in futures trade today as participants trimmed positions, tracking a trend at spot market on sluggish demand.
At the Multi Commodity Exchange, aluminium for delivery in far-month February eased by 10 paise, or 0.10% to INR 100.90 per kg in business turnover of 44 lots.
Likewise, the metal for delivery in January contracts weakened by 5 paise, or 0.05% to INR 100.10 per kg in 1032 lots.
Anlysts said the weakness in aluminium at futures trade was mostly owing to slackened demand from consuming industries in the spot market.
At the Multi Commodity Exchange, aluminium for delivery in far-month February eased by 10 paise, or 0.10% to INR 100.90 per kg in business turnover of 44 lots.
Likewise, the metal for delivery in January contracts weakened by 5 paise, or 0.05% to INR 100.10 per kg in 1032 lots.
Anlysts said the weakness in aluminium at futures trade was mostly owing to slackened demand from consuming industries in the spot market.
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