Aluminium Futures Fall on Weak Demand - PTI
By Rediff Money Desk, New Delhi Jun 05, 2024 13:41
Aluminium prices on Wednesday declined by 1.12% in the futures market due to weak demand from consuming industries. Read more on PTI.
![Aluminium Futures Fall on Weak Demand - PTI](https://im.rediff.com/money/2020/jul/16aluminium.jpg)
New Delhi, Jun 5 (PTI) Aluminium prices on Wednesday declined by 1.12 per cent to Rs 238.40 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 2.70 or 1.12 per cent to Rs 238.40 per kg in a trading volume of 3,238 lots.
Analysts said cutting down of positions by participants on easing demand from consuming industries pulled down aluminium prices.
On the Multi Commodity Exchange, aluminium for delivery in June fell Rs 2.70 or 1.12 per cent to Rs 238.40 per kg in a trading volume of 3,238 lots.
Analysts said cutting down of positions by participants on easing demand from consuming industries pulled down aluminium prices.
Source: PTI
DISCLAIMER - This article is from a syndicated feed. The original source is responsible for accuracy, views & content ownership. Views expressed may not reflect those of rediff.com India Limited.
You May Like To Read
TODAY'S MOST TRADED COMPANIES
- Company Name
- Price
- Volume
- GTL Infrastructure
- 2.93 ( -4.87)
- 226206286
- IFL Enterprises
- 1.30 (+ 4.84)
- 81461564
- Vodafone Idea L
- 16.79 (+ 0.66)
- 67447398
- NCL Research
- 0.95 ( -4.04)
- 31996628
- Franklin Industries
- 3.73 (+ 3.32)
- 21511209
MORE NEWS
![Navi Mumbai...](https://im.rediff.com/80-80/money/2021/jun/10navi-mumbai-airport7.jpg)
Navi Mumbai Airport ILS Signal Testing Begins
The Airports Authority of India (AAI) has begun ILS signal testing at the...
![Air India VRS for...](https://im.rediff.com/80-80/money/2020/sep/09tata-vistara-3.jpg)
Air India VRS for Non-Flying Staff Ahead of...
Air India has announced a voluntary retirement scheme (VRS) and voluntary separation...
Fisher Groups Oppose WTO Fisheries Subsidy Talks
Small-scale fisher groups from India, Indonesia, and Bangladesh demand WTO keep...