Aluminium prices declined 1.49% on Wednesday to Rs 230.85 per kg in the futures market due to weak demand from consuming industries. Read more.
New Delhi, May 8 (PTI) Aluminium prices on Wednesday declined 1.49 per cent to Rs 230.85 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 May fell Rs 3.50 or 1.49 per cent to Rs 230.85 per kg in 4,069 lots.
Analysts said cutting down of positions by participants on easing demand from consuming industries mainly kept aluminium prices lower.
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