rediff.com

Aluminium Futures Fall on Low Demand in India

Share on:

By Rediff Money Desk, NEWDELHI   Nov 01, 2023 14:48

Aluminium prices in India fell on Wednesday due to weak demand from consuming industries, with futures prices declining by 0.19% on the Multi Commodity Exchange.
Aluminium Futures Fall on Low Demand in India
New Delhi, Nov 1 (PTI) Aluminium price on Wednesday fell 40 paise to Rs 206.10 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 declined by 40 paise or 0.19 per cent to Rs 206.10 per kg in 3,048 lots.

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