Aluminium down 0.2% on weak global cues
Subdued demand in domestic spot markets weighed on metal prices
)
Aluminium futures for May declined by 25 paise, or 0.24%, to Rs 103.60 per kg in 31 lots.
At the Multi Commodity Exchange (MCX), the April contract traded lower by 20 paise, or 0.20%, to Rs 102.25 per kg in 378 lots.
Speculators offloading their positions amid subdued demand in domestic spot markets weighed on the metal prices.
At the London Metal Exchange (LME), aluminium retreated 1.1% to $1,884 per tonne.
At the Multi Commodity Exchange (MCX), the April contract traded lower by 20 paise, or 0.20%, to Rs 102.25 per kg in 378 lots.
Speculators offloading their positions amid subdued demand in domestic spot markets weighed on the metal prices.
At the London Metal Exchange (LME), aluminium retreated 1.1% to $1,884 per tonne.
Don't miss the most important news and views of the day. Get them on our Telegram channel
First Published: Apr 03 2013 | 2:13 PM IST