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. Get the latest aluminium prices.
New Delhi, Nov 14 (PTI) Aluminium prices on Friday declined by Rs 1.20 to Rs 274.60 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 December fell Rs 1.20, or 0.44 per cent, to Rs 274.60 per kg in 866 lots.
Analysts said the 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 December fell Rs 1.20, or 0.44 per cent, to Rs 274.60 per kg in 866 lots.
Analysts said the cutting down of positions by participants on easing demand from consuming industries mainly kept aluminium prices lower.
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