Home > News > UK

Aluminium futures down on profit-taking, weak global cues

Tuesday, May 24, 2011
点击:

Aluminium prices moved down by 0.40 per cent to Rs 112.30 per kg in futures trading today amid a weak trend at the London Metal Exchange and subdued spot demand.


At the Multi Commodity Exchange , aluminium for delivery in May shed 45 paise, or 0.40 per cent to Rs 112.30 per kg, with a trade volume of 2,009 lots.


The metal for delivery in June also fell by same margin to Rs 113.05 per kg, with a business turnover of seven lots.


Analysts said a weak trend in most of the base metals overseas on demand concerns and a firming dollar mainly kept pressure on the aluminium futures prices here.

Recommended exhibitions

16TH ARAB INTERNATIONAL ALUMINIUM CONFERENCE
  ARABAL, which is being organized and hosted by Qatalum, is the premier trade event for the Middle East's aluminium i......
Aluminium 2012
  ALUMINIUM is the leading B2B platform in the world for the aluminium industry and its main applications. This is whe......
The 4th edition of Zak Aluminum Extrusions Expo
 Date

  14th - 16th December 2012

  Venue

  Pragati Maidan,

  New Delhi,India.

  Exhibition Timings

 ......
ALUMINIUM DUBAI 2011
Name:ALUMINIUM DUBAI 2011
Time:2011-5-9 to 2011-5-11
Place:Dubai International Convention & Exhibition Centre, Dubai, UAE......