Aluminium Futures Slip on Weak Overseas Trends, Domestic Demand

• Aluminium futures traded lower to Rs 308.75 per kilogram on Monday.
• Participants reduced exposure due to weakness in overseas markets.
• On MCX, February delivery slipped 50 paise (0.16%) to Rs 308.75 per kg.
• Analysts attribute the weakness to soft global rates and tepid domestic demand.
• LME aluminium depreciated by USD 11.25 (0.36%) to USD 3,084.50 per tonne.