Aluminium futures fall on low demand
On the Multi Commodity Exchange, aluminium for delivery in July declined 50 paise, or 0.25 per cent, to Rs 198.25 per kg in 2,924 lots
By PTI |
Agencies
NEW DELHI: Aluminium prices on Thursday fell 50 paise to Rs 198.25 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 July declined 50 paise, or 0.25 per cent, to Rs 198.25 per kg in 2,924 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 July declined 50 paise, or 0.25 per cent, to Rs 198.25 per kg in 2,924 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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