Aluminium futures ease on low demand

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New Delhi, Feb 11 (PTI) Aluminium prices on Thursday softened by 0.21 per cent to Rs 167.10 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 February delivery eased by 35 paise, or 0.21 per cent, to Rs 167.10 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. PTI SHW HRS hrs