Aluminum futures fall due to sluggish demand

New Delhi, Nov 7 (PTI) Aluminum on Monday fell by Rs 3.35 to Rs 203.25 per kg in futures trade as participants offloaded their positions due to a weak trend at the spot market.

At the Multi Commodity Exchange, aluminum contracts for delivery in November fell by Rs 3.35, or 1.62 per cent, to Rs 203.25 per kg. It had a turnover of 5,346 lots.

Market analysts said offloading of positions by participants amid subdued demand from consuming industries at the spot market mainly led to the fall in aluminum prices at futures market.