Aluminium Futures Fall on Weak Demand - PTI
By Rediff Money Desk, New Delhi Dec 11, 2024 13:44
Aluminium prices in India slipped on Wednesday due to low demand from consuming industries. The Multi Commodity Exchange saw aluminium futures for December delivery fall by Rs 1.10 per kg.
New Delhi, Dec 11 (PTI) Aluminium prices on Wednesday slipped Rs 1.10 to Rs 244.35 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 December fell Rs 1.10 or 0.45 per cent to Rs 244.35 per kg in 3,067 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 December fell Rs 1.10 or 0.45 per cent to Rs 244.35 per kg in 3,067 lots.
Analysts said cutting down of positions by participants on easing demand from consuming industries mainly kept aluminium prices lower.
Source: PTI
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