Aluminium futures fall on low demand

NEW DELHI: Aluminium prices on Monday fell 70 paise to Rs 197 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 July dropped 70 paise, or 0.35 per cent, to Rs 197 per kg in 1,934 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.