16 DECEMBER 2013economictimes.indiatimes.com
Aluminium futures down on weak global cues
Edited by : AL CIRCLE
1 min read
Aluminium prices fell by 0.50 per cent to Rs 109.50 per kg in futures trading today as speculators offloaded their positions amid weak cues from global markets.
Besides, subdued demand in the domestic spot markets also weighed on metal prices.
At the Multi Commodity Exchange, aluminium for delivery in December declined by 45 paise, or 0.50 per cent, to Rs 109.85 per kg in business turnover of 120 lots.
Similarly, the metal for delivery in January traded lower by 55 pa
Besides, subdued demand in the domestic spot markets also weighed on metal prices.
At the Multi Commodity Exchange, aluminium for delivery in December declined by 45 paise, or 0.50 per cent, to Rs 109.85 per kg in business turnover of 120 lots.
Similarly, the metal for delivery in January traded lower by 55 pa
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