Sluggish Physical Demand Bites Aluminium Futures

Aluminium futures were trading lower during morning trade in the domestic market on Friday as investors and speculators remained on the sidelines in the industrial metal amid subdued physical demand for aluminium at the domestic spot market. Further, muted physical demand for aluminium at the domestic spot market was due to cut down of positions by traders in the spot markets, influenced aluminium prices at futures trade.

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