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Aluminium futures fall on low demand

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Non-Ferrous 05 Feb 2024 02:26 PM IST PTI

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.