New Delhi: Aluminium prices fell by Rs 1.30 to Rs 252.90 per kg in futures trade on Tuesday as traders offloaded their positions following a weak trend in the spot market.
Aluminium contracts for August delivery fell by Rs 1.30, or 0.51 percent, to Rs 252.90 per kg on the Multi Commodity Exchange in a business turnover of 4,692 lots.
Analysts said the fall in aluminium prices was mainly due to traders offloading their positions on account of weak demand from consuming industries.