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Aluminium Futures Fall On Low Demand

Aluminium for delivery in June declined by Rs 1.75, or 0.89 per cent, to Rs 195 per kg in 2,349 lots Analysts

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Aluminium prices on Tuesday fell by Rs 1.75 to Rs 195 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 Rs 1.75, or 0.89 per cent, to Rs 195 per kg in 2,349 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.

(PTI)


Tags assigned to this article:
aluminium multi commodity exchange spot market