Commodity Market Update: Aluminium futures fall on low demand
Commodity Market Update: Aluminium prices declined by 0.17 per cent to Rs 202.20 per kilogram in the futures market as participants trimmed their positions on a weak trend in the spot market.
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On the Multi Commodity Exchange, aluminium for delivery in March fell 35 paise or 0.17 per cent to Rs 202.20 per kg in 4,380 lots. Pic: Reuters
Commodity Market Update: Aluminium prices on Monday declined by 0.17 per cent to Rs 202.20 per kilogram in the futures market as participants trimmed their positions on a weak trend in the spot market.
On the Multi Commodity Exchange, aluminium for delivery in March fell 35 paise or 0.17 per cent to Rs 202.20 per kg in 4,380 lots.
Analysts said cutting down of positions by participants on easing demand from consuming industries mainly kept aluminium prices lower.
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