Aluminium Market Sees Price Drop as Demand Weakens

Aluminium Market Sees Price Drop as Demand Weakens.webp

New Delhi, March 24 Aluminium prices fell by Rs 2.45 to Rs 328.65 per kg in futures trading on Tuesday, as traders reduced their positions in response to a weak trend in spot markets.

On the Multi Commodity Exchange, aluminium for April delivery declined by Rs 2.45 or 0.74 per cent to Rs 328.65 per kg in 80 lots.

Analysts said that the reduction in positions by traders, primarily due to easing demand from consuming industries, kept aluminium prices lower.
 
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aluminium aluminium prices april delivery commodity prices consumption demand futures trading india market trends multi commodity exchange new delhi price decline spot markets trade trading positions
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