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Aluminium futures soften 0.22% on profit booking

Press Trust of India  |  New Delhi 

Aluminium prices softened by 0.22 per cent to Rs 156.55 per kg in futures trade today as speculators booked profits amid easing demand in the spot markets.

At the Multi Commodity Exchange, aluminium for delivery in June declined by 35 paise, or 0.22 per cent to Rs 16.55 per kg in a business turnover of 90 lots.

Likewise, the for delivery in 10 paise, or 0.06 per cent to Rs 157 per kg in 1 lot.

Analysts said besides profit-booking by traders, easing demand from consuming industries in the physical market weighed on aluminium prices at futures trade.

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Mon, June 11 2018. 11:10 IST