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Aluminium Futures Drop on Weak Demand - PTI

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By Rediff Money Desk, New Delhi   May 23, 2024 13:25

Aluminium prices fell 1.66% on the Multi Commodity Exchange due to weak demand from consuming industries. Read more on the latest commodity market news.
Aluminium Futures Drop on Weak Demand - PTI
New Delhi, May 23 (PTI) Aluminium prices on Thursday declined by 1.66 per cent to Rs 237.50 per kg in the futures market as participants trimmed their positions on a weak trend in spot markets.

On the Multi Commodity Exchange, aluminium for delivery in May fell by Rs 4 or 1.66 per cent to Rs 237.50 per kg in a trading volume of 1,801 lots.

Analysts said cutting down of positions by participants on easing demand from consuming industries pulled down aluminium prices.
Source: PTI
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