Aluminium Futures Decline on Weak Demand - PTI
Jul 10, 2024 12:53
Aluminium futures prices fell on Wednesday due to low demand from consuming industries, according to PTI. Read more about the decline in prices.
New Delhi, Jul 10 (PTI) Aluminium prices on Wednesday declined Rs 1.35 to Rs 229 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 July fell Rs 1.35 or 0.59 per cent to Rs 229 per kg in 3,746 lots.
Analysts said cutting down of positions by participants on easing demand from consuming industries mainly kept aluminium prices lower.
DISCLAIMER - This article is from a syndicated feed. The original source is responsible for accuracy, views & content ownership. Views expressed may not reflect those of rediff.com India Limited.