Aluminium futures fall 1% amid weak demand

Aluminium futures fall 1% amid weak demand

NEW DELHI: Aluminium prices on Monday fell Rs 2.30 to Rs 185.85 per kg in the futures market as participants trimmed their positions on a low trend in the spot market.

On the Multi Commodity Exchange, aluminium for delivery in May dropped Rs 2.30, or 1.22 per cent, to Rs 185.85 per kg in 992 lots

Analysts said cutting down of positions by participants on easing demand from consuming industries in the physical market mainly kept aluminium prices lower here.

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