Aluminium Futures Drop on Weak Demand - PTI
By Rediff Money Desk, New Delhi Jun 11, 2024 15:53
Aluminium prices fell 0.89% on the Multi Commodity Exchange on Tuesday, driven by weak demand from consuming industries. Find out more about the latest market trends.
![Aluminium Futures Drop on Weak Demand - PTI](https://im.rediff.com/money/2020/jul/16aluminium.jpg)
New Delhi, Jun 11 (PTI) Aluminium prices on Tuesday declined by 0.89 per cent to Rs 233.70 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 Rs 2.10 or 0.89 per cent to Rs 233.70 per kg in a trading volume of 3,383 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 Rs 2.10 or 0.89 per cent to Rs 233.70 per kg in a trading volume of 3,383 lots.
Analysts said cutting down of positions by participants on easing demand from consuming industries pulled down aluminium prices.
Source: PTI
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
- GTL Infrastructure
- 2.74 (+ 2.62)
- 84886833
- Srestha Finvest
- 2.24 (+ 4.67)
- 34707853
- Ola Electric Mobilit
- 132.76 (+ 19.99)
- 27685743
- Suzlon Energy Ltd.
- 79.93 (+ 4.10)
- 27308498
- IFL Enterprises
- 1.22 (+ 4.27)
- 24757806
MORE NEWS
![Sebi Eases...](https://im.rediff.com/80-80/money/2024/aug/10sebi1.jpg)
Sebi Eases Compliance for Listed NCDs - New...
Sebi proposes amendments to simplify compliance requirements for entities with listed...
![Chandrasekaran:...](https://im.rediff.com/80-80/news/2018/jan/04modi.jpg)
Chandrasekaran: Learn From Indian Wisdom &...
Tata Group Chairman N Chandrasekaran emphasizes the importance of learning from Indian...
JSW Cement Files IPO Papers to Raise Rs 4,000...
JSW Cement has filed draft papers with Sebi for an IPO to raise Rs 4,000 crore. The IPO...