Aluminium futures lapse on weak demand

New Delhi, June 10: Aluminium prices fell by 55 paise to Rs 237.25 per kg in futures trade on Monday as participants offloaded their positions following a weak trend in the spot market.
Aluminium contracts for July delivery on the Multi Commodity Exchange fell by 55 paise, or 0.23 per cent, to Rs 237.25 per kg in a business turnover of 4,222 lots.
Analysts said the fall in aluminium prices was mainly due to participants offloading their positions due to sluggish demand from consuming industries.

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