Aluminium Futures Drop on Weak Demand - PTI
May 23, 2024 13:25
Aluminium prices fell 1.66% on the Multi Commodity Exchange due to weak demand from consuming industries. Read more on the latest commodity market news.
New Delhi, May 23 (PTI) Aluminium prices on Thursday declined by 1.66 per cent to Rs 237.50 per kg in the futures market as participants trimmed their positions on a weak trend in spot markets.
On the Multi Commodity Exchange, aluminium for delivery in May fell by Rs 4 or 1.66 per cent to Rs 237.50 per kg in a trading volume of 1,801 lots.
Analysts said cutting down of positions by participants on easing demand from consuming industries pulled down aluminium prices.
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