India, April 3 -- Aluminium prices dropped by Rs 3.15 to Rs 239.95 per kilogram in the futures market on Thursday as participants reduced their positions amid a weak trend in the spot market.
On the Multi Commodity Exchange, May delivery aluminium contracts fell by Rs 3.15 or 1.3% to Rs 239.95 per kg, with a total of 567 lots traded.
Analysts attributed the price decline to reduced positions by market participants due to sluggish demand from consuming industries.
Published by HT Digital Content Services with permission from Dion Global Solutions Limited....