Aluminium prices fell on Wednesday due to reduced demand from consuming industries. The decline was seen in the futures market, with December delivery falling by 0.36% to Rs 193.70 per kg.
New Delhi, Dec 13 (PTI) Aluminium prices on Wednesday declined 70 paise to Rs 193.70 per kilogram in the futures market as participants trimmed their positions on a weak trend in the spot market.
On the Multi Commodity Exchange, aluminium for delivery in December fell by 70 paise or 0.36 per cent to Rs 193.70 per kg in 4,637 lots.
Analysts said cutting down of positions by participants on easing demand from consuming industries mainly kept aluminium prices lower.
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