Aluminium Futures Fall on Low Demand
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Aluminium futures decline on MCX due to weak spot market trend and reduced demand from consuming industries. November contract falls.
New Delhi, Oct 14 (PTI) Aluminium prices on Tuesday declined Rs 1.10 to Rs 266.10 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 Rs 1.10 or 0.41 per cent to Rs 266.10 per kg in 832 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 Rs 1.10 or 0.41 per cent to Rs 266.10 per kg in 832 lots.
Analysts said cutting down of positions by participants on easing demand from consuming industries mainly kept aluminium prices lower.
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