 "Aluminium down 0.3% on global cues")
Aluminium prices fell by 0.30% to Rs 107.95 per kg in futures trading today as speculators offloaded their positions driven by weak global trend on supply outlook.
At the Multi Commodity Exchange, aluminium for delivery in December declined by 40 paise, or 0.30%, to Rs 107.95 per kg in business turnover of 179 lots.
Similarly, the metal for delivery in November traded lower by 30 paise, or 0.28% to Rs 105.95 per kg in 232 lots.
Meanwhile, aluminium for delivery in three months fell $1,744 per tonne on the London Metal Exchange.
At the Multi Commodity Exchange, aluminium for delivery in December declined by 40 paise, or 0.30%, to Rs 107.95 per kg in business turnover of 179 lots.
Similarly, the metal for delivery in November traded lower by 30 paise, or 0.28% to Rs 105.95 per kg in 232 lots.
Also Read
Market analysts said speculators offloaded their positions in tandem with a weak global trend amid signs that the metal will remain in oversupply, weighed on aluminium prices at futures trade here.
Meanwhile, aluminium for delivery in three months fell $1,744 per tonne on the London Metal Exchange.
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →*Subscribe to Business Standard digital and get complimentary access to The New York Times
Smart Quarterly
₹900
3 Months
₹300/Month
SAVE 25%
Smart Essential
₹2,700
1 Year
₹225/Month
SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months
Super Saver
₹3,900
2 Years
₹162/Month
Subscribe
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors
Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share
Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor
Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements
Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app
SAVE 25%