Aluminium futures decline on low demand

New Delhi, Sep 3 (PTI) Aluminium prices on Tuesday declined Re 1 to Rs 222.75 per kilogram in the futures market as participants trimmed their positions on a weak trend in the spot market.

On the Multi Commodity Exchange, aluminium for delivery in September fell Re 1 or 0.45 per cent to Rs 222.75 per kg in 3,798 lots.

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