Aluminium Futures Fall on Weak Demand - PTI
Aluminium prices declined in the futures market on Friday due to weak demand from consuming industries. The metal fell by Rs 0.36 to Rs 221.05 per kilogram on the Multi Commodity Exchange.
New Delhi, Jul 19 (PTI) Aluminium prices on Friday declined Rs 0.36 to Rs 221.05 per kilogram in the futures market as participants trimmed their positions on a weak trend in the spot market.
On the Multi Commodity Exchange, aluminium for delivery in July fell 80 paise or 0.36 per cent to Rs 221.05 per kg in 3,095 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 July fell 80 paise or 0.36 per cent to Rs 221.05 per kg in 3,095 lots.
Analysts said cutting down of positions by participants on easing demand from consuming industries mainly kept aluminium prices lower.
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