Aluminium Futures Fall on Weak Demand - PTI
Feb 23, 2024 14:26
Aluminium futures prices fell on the Multi Commodity Exchange due to low demand from consuming industries, according to analysts.
New Delhi, Feb 23 (PTI) Aluminium prices on Friday declined 35 paise to Rs 198.40 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 35 paise or 0.18 per cent to Rs 198.40 per kg in 4,389 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.