Aluminium futures ease on low demand



Aluminium prices on Thursday softened by 0.14 per cent to Rs 138.05 per kg in futures trade as speculators cut bets amid subdued demand in spot market.

On the Multi Commodity Exchange, aluminium for delivery in July contracts eased by 20 paise, or 0.14 per cent, to Rs 138.05 per kg in a business turnover of 1,074 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.
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