India, May 23 -- Aluminium prices slipped by 20 paise to Rs 238.65 per kilogram in futures trade on Friday, as traders reduced their positions amid a weak trend in the spot market.
On the Multi Commodity Exchange (MCX), aluminium contracts for June delivery dropped 20 paise, or 0.08%, to Rs 238.65 per kg, with a volume of 3,414 lots.
Analysts attributed the decline to reduced demand from consuming industries, prompting participants to scale back their positions.
Published by HT Digital Content Services with permission from Dion Global Solutions Limited....