Aluminium Futures Fall on Low Demand - PTI
By Rediff Money Desk, New Delhi Jul 29, 2024 14:05
Aluminium prices declined on Monday due to weak demand in the spot market, with participants trimming their positions. Read more about the fall in aluminium futures.
![Aluminium Futures Fall on Low Demand - PTI](https://im.rediff.com/money/2020/jul/16aluminium.jpg)
New Delhi, Jul 29 (PTI) Aluminium prices on Monday declined Rs 1.40 to Rs 211.10 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 August fell Rs 1.40 or 0.66 per cent to Rs 211.10 per kg in 4,998 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 August fell Rs 1.40 or 0.66 per cent to Rs 211.10 per kg in 4,998 lots.
Analysts said cutting down of positions by participants on easing demand from consuming industries mainly kept aluminium prices lower.
Source: PTI
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