Aluminium Futures Fall on Low Demand - PTI
Feb 05, 2024 14:21
Aluminium futures prices declined on Monday due to weak demand in the spot market. Participants trimmed their positions, leading to a decrease of 90 paise per kilogram.
New Delhi, Feb 5 (PTI) Aluminium prices on Monday declined 90 paise to Rs 200.80 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 February fell by 90 paise or 0.45 per cent to Rs 200.80 per kg in 3,806 lots.
Analysts said cutting down of positions by participants on easing demand from consuming industries mainly kept aluminium prices lower.
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