Aluminium futures fall on low demand

On the Multi Commodity Exchange, aluminium for delivery in May declined by Rs 7.30 or 2.89 per cent to Rs 245.60 per kg in 2,647 lots.
Aluminium futures fall on low demand
Representative image

New Delhi: Aluminium prices on Monday fell by Rs 7.30 to Rs 245.60 per kilogram in futures market as participants trimmed their positions on a low trend in spot market.

On the Multi Commodity Exchange, aluminium for delivery in May declined by Rs 7.30 or 2.89 per cent to Rs 245.60 per kg in 2,647 lots.

Analysts said cutting down of positions by participants, on easing demand from consuming industries, mainly kept aluminium prices lower.

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