Aluminium Futures Fall on Weak Demand - PTI
Sep 20, 2024 14:21
Aluminium prices declined on the Multi Commodity Exchange due to weak demand from consuming industries. Read more on the latest commodity market updates.
New Delhi, Sep 20 (PTI) Aluminium prices on Friday declined Rs 1.10 to Rs 232.95 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 October fell Rs 1.10 or 0.47 per cent to Rs 232.95 per kg in 2,057 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.