Aluminium Futures Decline on Low Demand - PTI
Apr 05, 2024 13:46
Aluminium prices fell 0.16% on the Multi Commodity Exchange on Friday, driven by weak spot market demand and reduced participant positions. Learn more.
New Delhi, Apr 5 (PTI) Aluminium prices on Friday declined 0.16 per cent to Rs 222.50 per kilogram in the futures market as participants trimmed their positions on a weak trend in the spot market.
On the Multi Commodity Exchange, aluminium for delivery in April fell 35 paise or 0.16 per cent to Rs 222.50 per kg in 3,666 lots.
Analysts said cutting down of positions by participants on easing demand from consuming industries mainly kept aluminium prices lower.
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