Aluminium Prices Decrease Due to Reduced Consumption

Aluminium Prices Decrease Due to Reduced Consumption.webp

New Delhi, February 26 Aluminium prices fell by 75 paise to Rs 312.40 per kg in futures trading on Thursday as participants reduced their positions due to a weak trend in spot markets.

On the Multi Commodity Exchange, aluminium for delivery in March declined by 75 paise or 0.24 percent to Rs 312.40 per kg in 4,412 lots.

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