Aluminium futures soften on tepid demand

New Delhi, Nov 22 (PTI) Aluminium prices fell 0.38 per cent to Rs 129.85 per kg in futures trade on Friday as participants trimmed positions tracking a weak trend at spot market due to sluggish demand.

At the Multi Commodity Exchange, aluminium for November delivery eased by 50 paise, or 0.38 per cent, to Rs 129.85 per kg in a business turnover of 804 lots.

Similarly, the metal for December delivery weakened by 60 paise, or 0.45 per cent, to Rs 132.10 per kg in 573 lots.

Analysts attributed the weakness in aluminium prices to slackened demand from consuming industries at the spot market. PTI VHP SHWSHW