Aluminium Futures Fall on Weak Demand - PTI
By Rediff Money Desk, NEWDELHI Dec 11, 2023 15:17
Aluminium prices fell on Monday due to low demand in the spot market. Participants trimmed their positions, leading to a decline of Rs 1.55 per kg on the Multi Commodity Exchange.
![Aluminium Futures Fall on Weak Demand - PTI](https://im.rediff.com/money/2020/jul/16aluminium.jpg)
New Delhi, Dec 11 (PTI) Aluminium prices on Monday declined Rs 1.55 to Rs 194.05 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 December fell by Rs 1.55 or 0.79 per cent to Rs 194.05 per kg in 4,886 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 by Rs 1.55 or 0.79 per cent to Rs 194.05 per kg in 4,886 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.
TODAY'S MOST TRADED COMPANIES
- Company Name
- Price
- Volume
- GTL Infrastructure
- 2.93 ( -4.87)
- 226206286
- IFL Enterprises
- 1.30 (+ 4.84)
- 81461564
- Vodafone Idea L
- 16.79 (+ 0.66)
- 67447398
- NCL Research
- 0.95 ( -4.04)
- 31996628
- Franklin Industries
- 3.73 (+ 3.32)
- 21511209
MORE NEWS
![Navi Mumbai...](https://im.rediff.com/80-80/money/2021/jun/10navi-mumbai-airport7.jpg)
Navi Mumbai Airport ILS Signal Testing Begins
The Airports Authority of India (AAI) has begun ILS signal testing at the...
![Air India VRS for...](https://im.rediff.com/80-80/money/2020/sep/09tata-vistara-3.jpg)
Air India VRS for Non-Flying Staff Ahead of...
Air India has announced a voluntary retirement scheme (VRS) and voluntary separation...
Fisher Groups Oppose WTO Fisheries Subsidy Talks
Small-scale fisher groups from India, Indonesia, and Bangladesh demand WTO keep...