Tag: festival demand impact
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India: Domestic aluminium prices fall w-o-w alongside declining MCX and LME prices
Tight physical availability offers limited support to domestic prices Domestic aluminium demand remains subdued during festival holidays Domestic aluminium prices in India declined w-o-w, reflecting weakness in the domestic market amid falling global benchmark prices. The decline indicates downward pressure on prices, in line with the broader weakness in international aluminium markets. According to BigMint’s…