Aluminium Futures Fall on Weak Demand
Feb 22, 2024 13:46
Aluminium prices on the Multi Commodity Exchange declined on Thursday due to weak demand from consuming industries. Read more on the latest commodity market trends.
New Delhi, Feb 22 (PTI) Aluminium prices on Thursday declined 55 paise to Rs 200.90 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 March fell 55 paise or 0.27 per cent to Rs 200.90 per kg in 3,034 lots.
Analysts said cutting down of positions by participants on easing demand from consuming industries mainly kept aluminium prices lower.
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