Aluminium Futures Fall on Weak Demand
Aluminium futures prices fell on Thursday due to weak demand from consuming industries. The price slipped Rs 1.15 to Rs 263.95 per kg on the Multi Commodity Exchange.
New Delhi, Mar 13 (PTI) Aluminium prices on Thursday slipped Rs 1.15 to Rs 263.95 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 April fell Rs 1.15 or 0.43 per cent to Rs 263.95 per kg in 929 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 April fell Rs 1.15 or 0.43 per cent to Rs 263.95 per kg in 929 lots.
Analysts said cutting down of positions by participants on easing demand from consuming industries mainly kept aluminium prices lower.
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