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Aluminium Futures Dip as Weak Demand Leads to Position Trimming

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News18•21-09-2026, 12:45
Aluminium Futures Dip as Weak Demand Leads to Position Trimming
- •Aluminium prices fell by 55 paise to Rs 351.40 per kg in futures trade on Monday.
- •The decline is attributed to participants trimming their positions amidst a weak trend in spot markets.
- •On the Multi Commodity Exchange, aluminium for October delivery dropped by 0.16 per cent.
- •Analysts noted that easing demand from consuming industries was the primary factor for lower aluminium prices.
Key Questions Answered
Aluminium prices for October delivery fell by 55 paise, or 0.16 percent, to Rs 351.40 per kg in futures trade on the Multi Commodity Exchange on Monday.
Analysts noted that the decline was driven by participants trimming their positions amid a weak trend in spot markets and easing demand from consuming industries.
Aluminium for delivery in October was traded in a total of 111 lots on the Multi Commodity Exchange.