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Aluminium Futures Dip Marginally Amidst Low Demand
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News18•23-09-2026, 12:00
Aluminium Futures Dip Marginally Amidst Low Demand
- •Aluminium prices saw a marginal drop of 80 paise to Rs 346.25 per kg in futures trade.
- •The decline is attributed to participants trimming their positions due to a weak trend in spot markets.
- •On the Multi Commodity Exchange, aluminium for October delivery fell by 0.23 per cent.
- •Analysts indicate that easing demand from consuming industries is the primary reason for lower aluminium prices.
Key Questions Answered
Aluminium prices dropped as market participants trimmed their positions amid a weak trend in spot markets and easing demand from consuming industries.
Aluminium for delivery in October fell by 80 paise, or 0.23 per cent, to stand at Rs 346.25 per kg in 88 lots on the Multi Commodity Exchange.
Earlier in September, aluminium futures also experienced drops due to similar weak trends in spot markets and reduced demand from consuming industries, such as when prices fell to Rs 351.40 per kg on Monday.