Aluminium Futures Fall: Demand Dips
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Aluminium futures decline on MCX due to weak spot market trends and reduced demand from consuming industries. December contract falls to Rs 272/kg.
New Delhi, Nov 27 (PTI) Aluminium prices on Thursday declined by 20 paise to Rs 272 per kilogram in the futures trade as participants trimmed their positions on a weak trend in the spot market.
On the Multi Commodity Exchange, aluminium for delivery in December fell 20 paise or 0.07 per cent to Rs 272 per kg in 3,334 lots.
Analysts said the 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 December fell 20 paise or 0.07 per cent to Rs 272 per kg in 3,334 lots.
Analysts said the cutting down of positions by participants on easing demand from consuming industries mainly kept aluminium prices lower.
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