Aluminium Futures Fall on Low Demand - PTI
By Rediff Money Desk, New Delhi Nov 08, 2024 12:22
Aluminium futures prices on the Multi Commodity Exchange fell due to weak demand from consuming industries and participants trimming their positions.
New Delhi, Nov 8 (PTI) Aluminium prices on Friday slipped 60 paise to Rs 246.30 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 fell 60 paise or 0.24 per cent to Rs 246.30 per kg in 4,352 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 November fell 60 paise or 0.24 per cent to Rs 246.30 per kg in 4,352 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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