Aluminium Futures Fall on Weak Demand
Aluminium futures prices declined on the Multi Commodity Exchange due to weak demand from consuming industries. Prices slipped to Rs 239.90 per kg in January delivery.
New Delhi, Dec 24 (PTI) Aluminium prices on Tuesday slipped marginally by 20 paise to Rs 239.90 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 January fell 20 paise or 0.08 per cent to Rs 239.90 per kg in 3,171 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 January fell 20 paise or 0.08 per cent to Rs 239.90 per kg in 3,171 lots.
Analysts said cutting down of positions by participants on easing demand from consuming industries mainly kept aluminium prices lower.
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