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Aluminium Futures Fall on Weak Demand - PTI

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By Rediff Money Desk, New Delhi   May 30, 2024 13:11

Aluminium prices declined by 1.46% on the Multi Commodity Exchange due to weak demand from consuming industries. Read more about the fall in aluminium futures.
Aluminium Futures Fall on Weak Demand - PTI
New Delhi, May 30 (PTI) Aluminium prices on Thursday declined by 1.46 per cent to Rs 246.45 per kg in the futures market as participants trimmed their positions on a weak trend in spot markets.

On the Multi Commodity Exchange, aluminium for delivery in June fell Rs 3.65 or 1.46 per cent to Rs 246.45 per kg in a trading volume of 3,762 lots.

Analysts said cutting down of positions by participants on easing demand from consuming industries pulled down aluminium prices.
Source: PTI
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