Aluminium Futures Drop on Weak Demand - PTI
Aluminium prices fell in the futures market on Friday due to reduced demand from consuming industries. Read more about the decline in aluminium prices on PTI.
New Delhi, Jan 31 (PTI) Aluminium prices on Friday slipped 75 paise to Rs 251.35 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 February fell 75 paise or 0.3 per cent to Rs 251.35 per kg in 3,718 lots.
Analysts said cutting down of positions by participants on easing demand from consuming industries mainly kept aluminium prices lower.
On the Multi Commodity Exchange, aluminium for delivery in February fell 75 paise or 0.3 per cent to Rs 251.35 per kg in 3,718 lots.
Analysts said cutting down of positions by participants on easing demand from consuming industries mainly kept aluminium prices lower.
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