Aluminium Futures Fall on Weak Demand - PTI
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Aluminium prices declined on the Multi Commodity Exchange due to weak demand and reduced positions by participants. Read more about the latest commodity market news.
New Delhi, Apr 21 (PTI) Aluminium prices on Monday declined 80 paise to Rs 232 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 May fell 80 paise or 0.34 per cent to Rs 232 per kg in 3,276 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 May fell 80 paise or 0.34 per cent to Rs 232 per kg in 3,276 lots.
Analysts said cutting down of positions by participants on easing demand from consuming industries mainly kept aluminium prices lower.
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