Aluminium Futures Decline on Weak Demand
Aluminium prices fell in the futures market on Tuesday due to weak demand from consuming industries, leading to a decrease in positions held by participants.
New Delhi, Aug 6 (PTI) Aluminium prices on Tuesday declined Rs 1.35 to Rs 209.40 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 August fell Rs 1.35 or 0.64 per cent to Rs 209.40 per kg in 4,478 lots.
Analysts said cutting down of positions by participants on easing demand from consuming industries mainly kept aluminium prices lower.
On the Multi Commodity Exchange, aluminium for delivery in August fell Rs 1.35 or 0.64 per cent to Rs 209.40 per kg in 4,478 lots.
Analysts said cutting down of positions by participants on easing demand from consuming industries mainly kept aluminium prices lower.
TODAY'S MOST TRADED COMPANIES
- Company Name
- Price
- Volume
- Vodafone Idea L
- 7.37 (+ 1.94)
- 104433781
- Standard Capital
- 0.39 ( 0.00)
- 50345803
- Harshil Agrotech
- 2.27 (+ 2.25)
- 41471692
- Pradhin
- 0.37 ( 0.00)
- 36157558
- YES Bank Ltd.
- 21.54 (+ 0.14)
- 29481928
MORE NEWS
© 2025 Rediff.com India Limited. All rights reserved. Disclaimer - Terms of Service - Privacy Policy - Feedback