Aluminium Futures Decline on Weak Demand
Dec 21, 2023 14:07
Aluminium prices fell on the Multi Commodity Exchange on Thursday due to weak demand from consuming industries. Learn more about the price drop and market trends.
New Delhi, Dec 21 (PTI) Aluminium prices on Thursday declined Rs 1.20 to Rs 201.55 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 December fell by Rs 1.20 or 0.59 per cent to Rs 201.55 per kg in 1,448 lots.
Analysts said cutting down of positions by participants on easing demand from consuming industries mainly kept aluminium prices lower.
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