Aluminium futures flat on muted demand
19/08/2016 10:51
Aluminium futures were trading flat during the morning trade in the domestic market on Friday as investors and speculators remained on the sidelines amidst muted physical demand for aluminium in the domestic spot market. Further, sluggish demand for aluminium at the domestic spot market was on the back of trimming of bets by traders in the spot markets, influenced aluminium prices at futures trade. At the MCX, aluminium futures for August 2016 contract is trading flat at Rs 112.10 per kg after opening at Rs 112.05, against a previous close of Rs 112.10. It touched the intra-day low of Rs 111.90 (at 10:41 hours).
