ETAutoAluminium prices on Thursday softened by 0.57 per cent to Rs 165.90 per kg in the futures trade, as speculators cut bets amid subdued demand in the spot market.
On the Multi Commodity Exchange, aluminium for the December delivery eased by 95 paise, or 0.57 per cent, to Rs 165.90 per kg in a business turnover of 943 lots.
Analysts said offloading of positions by participants owing to slackened demand from consuming industries in the physical market weighed on aluminium prices in the futures trade.
On the Multi Commodity Exchange, aluminium for the December delivery eased by 95 paise, or 0.57 per cent, to Rs 165.90 per kg in a business turnover of 943 lots.
Analysts said offloading of positions by participants owing to slackened demand from consuming industries in the physical market weighed on aluminium prices in the futures trade.
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