Aluminium Futures Fall on Weak Demand - PTI
Dec 11, 2023 15:17
Aluminium prices fell on Monday due to low demand in the spot market. Participants trimmed their positions, leading to a decline of Rs 1.55 per kg on the Multi Commodity Exchange.
New Delhi, Dec 11 (PTI) Aluminium prices on Monday declined Rs 1.55 to Rs 194.05 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 1.55 or 0.79 per cent to Rs 194.05 per kg in 4,886 lots.
Analysts said cutting down of positions by participants on easing demand from consuming industries mainly kept aluminium prices lower.
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