Aluminium futures slide on muted demand 04/08/2016

Aluminium futures slide on muted demand
04/08/2016 17:20
Aluminium futures were trading lower during the evening trade in the domestic market on Thursday as participants cut down their bets followed by a decline in physical demand for aluminium in the domestic spot market.
At the MCX, aluminium futures for August 2016 contract is trading at Rs 109.45 per kg, down by 0.36 per cent, after opening at Rs 109.55, against a previous close of Rs 109.85. It touched the intra-day low of Rs 109.20 (at 17:21 hours).