Aluminium futures fall on weak spot demand


NEW DELHI: Aluminium prices on Monday fell by Rs 1.15 to Rs 189 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 June declined by Rs 1.15, or 0.6 per cent, to Rs 189 per kg in 2,196 lots

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

Articles You May Like

FOREX Strategy that works every time | High reward low risk
This FOREX Strategy Made Me RICH! | EURJPY Trade Breakdown | EASY Forex Scalping Strategy
Euro Turning Softer While Swiss Franc is Firm
How I made 160K in 40 minutes Trading – Daytrading NASDAQ Strategy
Gold rises as G7 nations move to ban bullion imports from Russia