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Aluminium prices on Monday declined 90 paise to ₹200.80 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 February fell by 90 paise or 0.45% to ₹200.80 per kg in 3,806 lots.
Analysts said cutting down of positions by participants on easing demand from consuming industries mainly kept aluminium prices lower.
Also Read : Vedanta's aluminium production hits 5,99,000 tonnes in Dec quarter Rare earths prices seen rebounding in second half of 2024
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