Aluminium prices softened 0.28 per cent to Rs 141.95 per kg in futures trade Friday as speculators cut bets amid subdued demand at the domestic spot market.
On the Multi Commodity Exchange, aluminium contracts for July delivery eased by 40 paise, or 0.28 per cent, to Rs 141.95 per kg in a business turnover of 2,788 lots.
Similarly, aluminium contracts for August delivery were trading lower by 55 paise, or 0.38 per cent, at Rs 143.65 per kg in 562 lots.
Analysts said offloading of positions by participants due to weak demand from consuming industries in the physical market mainly weighed on aluminium prices.
Disclaimer: No Business Standard Journalist was involved in creation of this content
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors
Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share
Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor
Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements
Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app