Aluminium Futures Fall on Weak Demand - PTI
By Rediff Money Desk, New Delhi Sep 20, 2024 14:21
Aluminium prices declined on the Multi Commodity Exchange due to weak demand from consuming industries. Read more on the latest commodity market updates.
New Delhi, Sep 20 (PTI) Aluminium prices on Friday declined Rs 1.10 to Rs 232.95 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 October fell Rs 1.10 or 0.47 per cent to Rs 232.95 per kg in 2,057 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 October fell Rs 1.10 or 0.47 per cent to Rs 232.95 per kg in 2,057 lots.
Analysts said cutting down of positions by participants on easing demand from consuming industries mainly kept aluminium prices lower.
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
- Srestha Finvest
- 0.83 (+ 2.47)
- 32854884
- Vodafone Idea L
- 9.26 (+ 1.54)
- 25467695
- Filatex Fashions
- 1.01 (+ 4.12)
- 22940609
- Rajnish Wellness
- 3.31 (+ 9.97)
- 22912705
- Spicejet Ltd.
- 64.95 ( -2.29)
- 11026249
MORE NEWS
South Indian Bank Q2 Profit Up 18% to Rs 325 Cr...
South Indian Bank reported an 18% increase in Q2 profit to Rs 325 crore, driven by...
Akums Drugs Inks Licensing Pact with Canadian...
Akums Drugs and Pharmaceuticals has signed a licensing agreement with Triple Hair Inc....
Wockhardt Seeks Approval for Diabetes Drug...
Wockhardt has filed for marketing approval of its fast-acting insulin analog, Aspart...