Aluminium Futures Fall on Low Demand
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Aluminium prices decline in futures trade due to weak spot market trend and reduced demand from consuming industries. Get the latest updates.
New Delhi, Oct 1 (PTI) Aluminium prices on Wednesday declined 25 paise to Rs 261.45 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 November fell 25 paise or 0.1 per cent to Rs 261.45 per kg in 330 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 25 paise or 0.1 per cent to Rs 261.45 per kg in 330 lots.
Analysts said cutting down of positions by participants on easing demand from consuming industries mainly kept aluminium prices lower.
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