Aluminium futures fall on easing demand from consuming industries

AgenciesUpdated: Tuesday, March 22, 2022, 02:31 PM IST
article-image
On the Multi Commodity Exchange, aluminium for delivery in March declined by 35 paise or 0.12 per cent to Rs 280.20 per kg in 2,174 lots. / Representational image |

Aluminium prices on Tuesday fell marginally by 35 paise to Rs 280.20 per kilogram in futures market as participants trimmed their positions on a low trend in spot market.

On the Multi Commodity Exchange, aluminium for delivery in March declined by 35 paise or 0.12 per cent to Rs 280.20 per kg in 2,174 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.

(With inputs from PTI)

(To receive our E-paper on whatsapp daily, please click here. To receive it on Telegram, please click here. We permit sharing of the paper's PDF on WhatsApp and other social media platforms.)

RECENT STORIES

Mumbai updates: No confirmation of terror angle, says Fadnavis after boat with arms recovered near...

Mumbai updates: No confirmation of terror angle, says Fadnavis after boat with arms recovered near...

Maharashtra: Big decision of CM Eknath Shinde, Dahi Handi to get status of sport, Govindas to get...

Maharashtra: Big decision of CM Eknath Shinde, Dahi Handi to get status of sport, Govindas to get...

1st ODI: Shikhar Dhawan's 81*, Shubman Gill's 82* power India to 10-wicket win over Zimbabwe

1st ODI: Shikhar Dhawan's 81*, Shubman Gill's 82* power India to 10-wicket win over Zimbabwe

Real Madrid deny any contact from Manchester United for Casemiro

Real Madrid deny any contact from Manchester United for Casemiro

Suspected beef seized from food outlet in Nagpur; case registered against owner

Suspected beef seized from food outlet in Nagpur; case registered against owner