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The price of aluminium futures has been on a downward trend for the past two weeks, following a peak reached on March 12. The continuous contract hit a high of ₹268.35 per kg but has since declined, closing at ₹254.10 per kg on Monday.
Outlook: Anticipated Rebound
Despite the recent dip, analysts expect a potential rebound in aluminium futures in the near future. The current decline is viewed as a temporary phase before prices stabilize and potentially rise again.
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