Aluminium futures dipped slightly to Rs 236.25 per kilogram on Thursday, as traders reduced their holdings amid subdued demand in the spot market.

On the Multi Commodity Exchange (MCX), aluminium for May delivery slipped by 5 paise, or 0.02%, to Rs 236.25 per kg, with a total of 4,197 lots traded.

According to analysts, the decline was primarily driven by reduced demand from key consuming industries, prompting participants to scale back their positions.