Aluminium prices drop as demand decreases
On the Multi Commodity Exchange, aluminium for delivery in June declined by Rs 1.95 or 0.91 per cent to Rs 213.40 per kg in 2,759 lots.
- Jun 20, 2022,
- Updated Jun 20, 2022 3:16 PM IST
Aluminium prices on Monday fell by Rs 1.95 to Rs 213.40 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 June declined by Rs 1.95 or 0.91 per cent to Rs 213.40 per kg in 2,759 lots.
Analysts said cutting down of positions by participants on easing demand from consuming industries mainly kept aluminium prices lower.
Aluminium prices on Monday fell by Rs 1.95 to Rs 213.40 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 June declined by Rs 1.95 or 0.91 per cent to Rs 213.40 per kg in 2,759 lots.
Analysts said cutting down of positions by participants on easing demand from consuming industries mainly kept aluminium prices lower.