Aluminium futures prices fell on Tuesday due to reduced demand from consuming industries. The decline was attributed to a weak trend in the spot market and participants trimming their positions.
New Delhi, Sep 10 (PTI) Aluminium prices on Tuesday declined 55 paise to Rs 220.75 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 October fell 55 paise or 0.25 per cent to Rs 220.75 per kg in 756 lots.
Analysts said cutting down of positions by participants on easing demand from consuming industries mainly kept aluminium prices lower.
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