Aluminium Futures Fall on Weak Demand - PTI
By Rediff Money Desk, New Delhi Jun 12, 2024 13:56
Aluminium prices declined by 0.06 per cent on Wednesday in futures markets, driven by weak demand from consuming industries. Learn more about the decline.
New Delhi, Jun 12 (PTI) Aluminium prices on Wednesday declined by 0.06 per cent to Rs 232.85 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 15 paise or 0.06 per cent to Rs 232.85 per kg in a trading volume of 3,374 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 15 paise or 0.06 per cent to Rs 232.85 per kg in a trading volume of 3,374 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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