Aluminium futures fall on tepid demand

Aluminium prices on Tuesday fell 15 paise to Rs 131.10 per kg in futures market as participants trimmed their positions amid a weak trend in spot market.

On the Multi Commodity Exchange, aluminium for delivery in November declined by 15 paise, or 0.11 per cent, to Rs 131.10 per kg in 630 lots.

Analysts said cutting down of positions by participants on easing demand from consuming industries in physical market mainly kept aluminium prices lower here.