Aluminium Futures Drop on Weak Demand
Aluminium prices fell on the Multi Commodity Exchange on Friday due to weak demand from consuming industries. Read more to understand the factors influencing aluminium prices.
New Delhi, Jan 3 (PTI) Aluminium prices on Friday slipped 95 paise to Rs 239.95 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 95 paise or 0.39 per cent to Rs 239.95 per kg in 525 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 95 paise or 0.39 per cent to Rs 239.95 per kg in 525 lots.
Analysts said cutting down of positions by participants on easing demand from consuming industries mainly kept aluminium prices lower.
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