Aluminium Futures Fall: Demand Dips
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Aluminium futures prices slipped to Rs 337.40/kg on MCX due to weak spot market trends and reduced demand from consuming industries.
New Delhi, Jan 30 (PTI) Aluminium prices on Friday slipped by Rs 4.10 to Rs 337.40 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 February fell Rs 4.10 or 1.2 per cent to Rs 337.40 per kg in 5,206 lots.
Analysts said the cutting down of positions by participants on easing demand from consuming industries mainly kept aluminium prices lower. PTI DR DR ANU
ANU
On the Multi Commodity Exchange, aluminium for delivery in February fell Rs 4.10 or 1.2 per cent to Rs 337.40 per kg in 5,206 lots.
Analysts said the cutting down of positions by participants on easing demand from consuming industries mainly kept aluminium prices lower. PTI DR DR ANU
ANU
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