Aluminium futures downgrade on weak demand

New Delhi, Apr 24 Aluminium prices fell marginally to Rs 236.25 per kg in the futures market on Thursday as participants cut their positions following a weak trend in the spot market.
Aluminium contracts for May delivery fell marginally by 5 paise, or 0.02 per cent, to Rs 236.25 per kg on the Multi Commodity Exchange in a business turnover of 4,197 lots.
Analysts said aluminium prices fell mainly due to participants cutting their positions due to sluggish demand from consumer industries.

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