Aluminium futures drop marginally on muted demand
On MCX, aluminium for delivery in April declined by 75 paise to Rs 184.95 per kg.
By PTI |
Reuters
NEW DELHI: Aluminium prices on Friday fell by 75 paise to Rs 184.95 per kg in the futures market as participants trimmed their positions amid a weak trend in the spot market.
On the Multi Commodity Exchange, aluminium for delivery in April declined by 75 paise, or 0.4 per cent, to Rs 184.95 per kg in 2,079 lots.
Analysts said cutting down of positions by participants on easing demand from consuming industries in the physical market mainly kept aluminium prices lower here.
On the Multi Commodity Exchange, aluminium for delivery in April declined by 75 paise, or 0.4 per cent, to Rs 184.95 per kg in 2,079 lots.
Analysts said cutting down of positions by participants on easing demand from consuming industries in the physical market mainly kept aluminium prices lower here.
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