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Aluminium Futures Drop Marginally on Weak Spot Demand
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News18•09-10-2026, 13:45
Aluminium Futures Drop Marginally on Weak Spot Demand
- •Aluminium prices dropped marginally by Rs 4.55 to Rs 338 per kg in futures trade on Friday.
- •The decline was driven by participants trimming their positions amid a weak trend in spot markets.
- •On the Multi Commodity Exchange, October delivery aluminium fell 1.36 per cent with a business turnover of 493 lots.
- •Easing demand from consuming industries was cited by analysts as the primary reason for the lower prices.
Key Questions Answered
Aluminium prices dropped as market participants trimmed their positions due to a weak trend in spot markets and easing demand from consuming industries.
Aluminium for delivery in October fell by Rs 4.55, or 1.36 per cent, reaching Rs 338 per kg in a business turnover of 493 lots.
The business turnover for October delivery aluminium futures recorded a total of 493 lots during the session.