Breaking News

Maharashtra clears 937 hectares for Gadchiroli steel expansion Steel stock surges 29% in just two days Steel output rises 14% to 9.25 MT Infrastructure boom fuels India’s steel consumption

Aluminium futures fall on low demand

60693_1710235401_small.png
Non-Ferrous 12 Mar 2024 02:53 PM IST The Hindu BusinessLine

Aluminium prices on Monday declined by 0.17% to ₹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% to ₹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.