Aluminium Futures Fall on Weak Demand
Aluminium futures on the Multi Commodity Exchange fell 25 paise to Rs 255.55 per kg on Tuesday, driven by weak demand in the spot market.
New Delhi, Jan 21 (PTI) Aluminium prices on Tuesday slipped 25 paise to Rs 255.55 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 February fell 25 paise or 0.1 per cent to Rs 255.55 per kg in 2,810 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 February fell 25 paise or 0.1 per cent to Rs 255.55 per kg in 2,810 lots.
Analysts said cutting down of positions by participants on easing demand from consuming industries mainly kept aluminium prices lower.
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