Aluminum trades 0.5% lower on global cues
Speculators offloading their positions affected the trade.
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Aluminum futures for May declined by 55 paise, or 0.54%, to Rs 101.85 per kg in 1,463 lots.
At the Multi Commodity Exchange (MCX), the June contract traded lower by 55 paise, or 0.53%, to Rs 102.80 per kg in 212 lots.
Speculators offloading their positions affected the trade.
On the London Metal Exchange (LME), aluminum lost 0.7% to $1,894.75 a metric tonne.
At the Multi Commodity Exchange (MCX), the June contract traded lower by 55 paise, or 0.53%, to Rs 102.80 per kg in 212 lots.
Speculators offloading their positions affected the trade.
On the London Metal Exchange (LME), aluminum lost 0.7% to $1,894.75 a metric tonne.
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First Published: May 09 2013 | 3:17 PM IST