Aluminium Futures Fall on Low Demand - PTI
By Rediff Money Desk, New Delhi Jun 27, 2024 13:49
Aluminium futures prices declined on Thursday due to weak demand from consuming industries, according to PTI.
New Delhi, Jun 27 (PTI) Aluminium prices on Thursday declined Rs 1.05 to Rs 228.75 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 July fell Rs 1.05 or 0.46 per cent to Rs 228.75 per kg in 4,355 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 July fell Rs 1.05 or 0.46 per cent to Rs 228.75 per kg in 4,355 lots.
Analysts said cutting down of positions by participants on easing demand from consuming industries mainly kept aluminium prices lower.
Source: PTI
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
- Shree Securities
- 0.44 (+ 10.00)
- 53568953
- Mishtann Foods L
- 10.22 (+ 3.86)
- 42690138
- Kretto Syscon
- 1.02 (+ 4.08)
- 37090256
- Vodafone Idea L
- 7.91 ( -1.49)
- 29351741
- Srestha Finvest
- 0.86 ( -4.44)
- 16612189
MORE NEWS
India Needs USD 2.2 Trillion for Infrastructure...
India needs USD 2.2 trillion in infrastructure investment to reach a USD 7 trillion...
FinX Raises USD 6 Million Seed Funding for...
FinX, an integrated skilling platform, secures USD 6 million seed funding from Elevar...
Siemens Appoints CFO for Energy Business
Siemens Ltd announces Harish Shekar as CFO for its energy business, effective January...