rediff.com

Aluminium Futures Drop on Weak Demand - PTI

Share on:

By Rediff Money Desk, New Delhi   Nov 04, 2024 12:12

Aluminium futures fell on Monday due to low demand from consuming industries, with prices slipping to Rs 240.15 per kilogram on the Multi Commodity Exchange.
Aluminium Futures Drop on Weak Demand - PTI
New Delhi, Nov 4 (PTI) Aluminium prices on Monday slipped Rs 1.40 to Rs 240.15 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 November fell Rs 1.40 or 0.58 per cent to Rs 240.15 per kg in 3,551 lots.

Analysts said cutting down of positions by participants on easing demand from consuming industries mainly kept aluminium prices lower.
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

More »

Moneywiz Live!