Aluminium futures fall on low demand
On the Multi Commodity Exchange, aluminium for delivery in June declined by 70 paise, or 0.36 per cent, to Rs 195.35 per kg in 2,295 lots.
By PTI |
ETAuto
NEW DELHI: Aluminium prices on Wednesday fell 70 paise to Rs 195.35 per kg in the futures market as participants trimmed their positions on a low trend in the spot market.
On the Multi Commodity Exchange, aluminium for delivery in June declined by 70 paise, or 0.36 per cent, to Rs 195.35 per kg in 2,295 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 June declined by 70 paise, or 0.36 per cent, to Rs 195.35 per kg in 2,295 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.
Too busy to trade in stocks? Invest in Mutual Funds with ET Money!
Bookmark or read stories offline -
Download ET Markets APP
Download ET Markets APP
ADVERTISEMENT
