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Aluminium prices dip 0.41% on profit-booking

Press Trust of India  |  New Delhi 

Aluminium prices declined by 0.41 per cent to Rs 156.45 per kg in the futures trade today as speculators booked profits amid easing demand at the spot markets.

At the Multi Commodity Exchange, aluminium for delivery in 65 paise, or 0.41 per cent to Rs 156.45 per kg in business turnover of 1,740 lots.

Likewise, the for delivery in June was trading lower by 40 paise, or 0.25 per cent to Rs 157.25 per kg in 136 lots.

Analysts said besides profit-booking by participants, fall in demand from consuming industries at the spot markets, attributed to the slide in aluminium prices.

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

First Published: Tue, May 15 2018. 12:50 IST