The Economic Times
Aluminium futures in India soften on lower global trend
Edited by : AL CIRCLE
1 min read
Aluminium prices softened by 0.52 per cent to Rs 115.50 per kg in futures market today due to lower global trend.
At the Multi Commodity Exchange, aluminium for delivery in October traded lower by 60 paise, or 0.52 per cent, to Rs 115.50 per kg, with a business turnover of 328 lots.
Similarly, the metal for delivery in September shed 55 paise, or 0.48 per cent, to Rs 115 per kg, with a business turnover of 3,628 lots.
Marketmen attributed the fall in aluminium futures to weak global trend and subdued demand in the spot market.
Meanwhile, aluminum slipped 1.1 per cent to USD 2,142 a tonne on the London Metal Exchange.
At the Multi Commodity Exchange, aluminium for delivery in October traded lower by 60 paise, or 0.52 per cent, to Rs 115.50 per kg, with a business turnover of 328 lots.
Similarly, the metal for delivery in September shed 55 paise, or 0.48 per cent, to Rs 115 per kg, with a business turnover of 3,628 lots.
Marketmen attributed the fall in aluminium futures to weak global trend and subdued demand in the spot market.
Meanwhile, aluminum slipped 1.1 per cent to USD 2,142 a tonne on the London Metal Exchange.
Previous article
Nalco gets Odisha govt's nod for new smelter and power plant
Next articleGaining streak continues for LME aluminum cash price
Grow with
AL Circle
