Aluminium Futures Dip 0.25% on Weak Spot Demand

Aluminium futures declined on Thursday as traders pared back positions amid sluggish demand in the spot market. On the Multi Commodity Exchange (MCX), aluminium contracts for June delivery fell by 60 paise, or 0.25%, to ₹243.60 per kilogram.

The decline came with a trading volume of 1,114 lots, reflecting reduced activity and caution among market participants.

Analysts attributed the fall to soft demand from key consuming industries such as construction and automotive. “Muted industrial demand and a weak trend in the physical market are pressuring aluminium prices,” said a commodity analyst.

The trend mirrors a broader weakness across base metals, influenced by subdued economic indicators and reduced consumption in the domestic market.