Aluminium prices fell 0.65% on Tuesday due to low demand from consuming industries, according to PTI.
New Delhi, Apr 30 (PTI) Aluminium prices on Tuesday declined 0.65 per cent to Rs 236.20 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 Rs 1.55 or 0.65 per cent to Rs 236.20 per kg in 4,331 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