rediff.com

Aluminium Futures Decline on Weak Demand

Share on:

By Rediff Money Desk, NEWDELHI   Dec 21, 2023 14:07

Aluminium prices fell on the Multi Commodity Exchange on Thursday due to weak demand from consuming industries. Learn more about the price drop and market trends.
Aluminium Futures Decline on Weak Demand
New Delhi, Dec 21 (PTI) Aluminium prices on Thursday declined Rs 1.20 to Rs 201.55 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 1.20 or 0.59 per cent to Rs 201.55 per kg in 1,448 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.

TODAY'S MOST TRADED COMPANIES

  • Company Name
  • Price
  • Volume

More »

Moneywiz Live!