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Aluminium futures fall on low demand

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Ferrous 23 Feb 2024 04:14 PM IST PTI

Aluminium prices on Friday declined 35 paise to ₹198.40 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 February fell 35 paise or 0.18% to ₹198.40 per kg in 4,389 lots.

Analysts said cutting down of positions by participants on easing demand from consuming industries mainly kept aluminium prices lower.