Aluminium prices declined on Wednesday due to weak demand from consuming industries. Read more on the fall in aluminium futures on PTI.
New Delhi, Dec 6 (PTI) Aluminium prices on Wednesday declined 80 paise to Rs 197.80 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 by 80 paise or 0.4 per cent to Rs 197.80 per kg in 4,501 lots.
Analysts said cutting down of positions by participants on easing demand from consuming industries mainly kept aluminium prices lower.
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.
© 2024 Rediff.com India Limited. All rights reserved. Disclaimer - Terms of Service - Privacy Policy - Feedback