Aluminium Futures Drop on Weak Demand - PTI
By Rediff Money Desk, New Delhi Jun 07, 2024 13:38
Aluminium prices fell 0.39% to Rs 240.70 per kg on the Multi Commodity Exchange, driven by weak demand from consuming industries.
![Aluminium Futures Drop on Weak Demand - PTI](https://im.rediff.com/money/2020/jul/16aluminium.jpg)
New Delhi, Jun 7 (PTI) Aluminium prices on Friday declined by 0.39 per cent to Rs 240.70 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 June fell 95 paise or 0.39 per cent to Rs 240.70 per kg in a trading volume of 3,343 lots.
Analysts said cutting down of positions by participants on easing demand from consuming industries pulled down aluminium prices.
On the Multi Commodity Exchange, aluminium for delivery in June fell 95 paise or 0.39 per cent to Rs 240.70 per kg in a trading volume of 3,343 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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