Aluminium prices fell on Wednesday due to weak demand in the spot market. Participants reduced their positions, leading to a decline in futures prices on the Multi Commodity Exchange.
New Delhi, Jan 3 (PTI) Aluminium prices on Wednesday declined Rs 1.30 to Rs 206.95 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 January fell by Rs 1.30 or 0.62 per cent to Rs 206.95 per kg in 4,618 lots.
Analysts said cutting down of positions by participants on easing demand from consuming industries mainly kept aluminium prices lower.
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