Aluminium prices declined on the Multi Commodity Exchange due to weak demand from consuming industries, with July futures falling 0.24% to Rs 227.90 per kg.
New Delhi, Jul 12 (PTI) Aluminium prices on Friday declined 55 paise to Rs 227.90 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 July fell 55 paise or 0.24 per cent to Rs 227.90 per kg in 3,511 lots.
Analysts said cutting down of positions by participants on easing demand from consuming industries mainly kept aluminium prices lower.
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