Aluminium futures were trading lower during the evening trade in the domestic market on Tuesday as investors and speculators cut down their bets amidst sluggish physical demand for aluminium in the domestic spot market.

Further, a decrease in demand for aluminium at the domestic spot market was on the back of trimming of positions by traders in the spot markets, influenced aluminium prices at futures trade.

At the MCX, aluminium futures for August 2016 contract is trading at Rs 111.15 per kg, down by 0.31 %, after opening at Rs 111.55, against a previous close of Rs 111.50. It touched the intra-day low of Rs 110.95

Aluminium on MCX settled up 0.09% at 111.50 recovered from the day's low, prices dropped in earlier session after dollar gained as hawkish comments from Fed officials in recent days has boosted the dollar, where the dollar index has rebounded to 94.90. 

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