Aluminium Futures Drop on Weak Demand - PTI
Nov 29, 2023 14:31
Aluminium prices fell on Wednesday in the futures market due to weak demand from consuming industries. Participants trimmed their positions on the Multi Commodity Exchange.
New Delhi, Nov 29 (PTI) Aluminium price on Wednesday declined 90 paise to Rs 202.55 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 90 paise or 0.44 per cent to Rs 202.55 per kg in 3,497 lots.
Analysts said cutting down of positions by participants on easing demand from consuming industries mainly kept aluminium prices lower.
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