Aluminium prices declined on the Multi Commodity Exchange due to weak demand from consuming industries, resulting in participants reducing their positions.
New Delhi, Mar 5 (PTI) Aluminium prices on Tuesday declined 55 paise to Rs 201.50 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 March fell 55 paise or 0.27 per cent to Rs 201.50 per kg in 4,747 lots.
Analysts said cutting down of positions by participants on easing demand from consuming industries mainly kept aluminium prices lower.
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