Latest News | Aluminium Futures Fall on Low Demand
Get latest articles and stories on Latest News at LatestLY. Aluminium prices on Thursday fell 1.3 per cent to Rs 204.50 per kg in the futures market, as participants trimmed their positions on a low trend in the spot market.
New Delhi, Aug 19 (PTI) Aluminium prices on Thursday fell 1.3 per cent to Rs 204.50 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 August declined Rs 2.70, or 1.3 per cent, to Rs 204.50 per kg in 1,418 lots.
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Analysts said cutting down of positions by participants on easing demand from consuming industries in the physical market mainly kept aluminium prices lower here. HRS hrs
(The above story is verified and authored by Press Trust of India (PTI) staff. PTI, India’s premier news agency, employs more than 400 journalists and 500 stringers to cover almost every district and small town in India.. The views appearing in the above post do not reflect the opinions of LatestLY)