Aluminium Futures Fall on Weak Demand
By Rediff Money Desk, NEWDELHI Dec 26, 2023 14:20
Aluminium prices fell on the Multi Commodity Exchange due to weak demand from consuming industries. Read more about the decline in futures prices.
![Aluminium Futures Fall on Weak Demand](https://im.rediff.com/money/2020/jul/16aluminium.jpg)
New Delhi, Dec 26 (PTI) Aluminium prices on Tuesday declined 85 paise to Rs 207.85 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 by 85 paise or 0.41 per cent to Rs 207.85 per kg in 3,890 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 by 85 paise or 0.41 per cent to Rs 207.85 per kg in 3,890 lots.
Analysts said cutting down of positions by participants on easing demand from consuming industries mainly kept aluminium prices lower.
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