Aluminium Futures Slip On Muted Physical Demand

On Tuesday morning trade aluminium futures were trading lower and an investor and speculator remained on the sidelines in the industrial metal amid sluggish physical demand for aluminum, a slide in physical demand for aluminium due to cut down of bets by traders, influenced aluminium prices at futures trade in the domestic spot market.

On MCX for June 2017 aluminium futures is trading at Rs 119.60/kg after opening at RS 120 against its previous close of Rs 120 and reached the intra-day low of Rs 119.50.

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Suhani Verma

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