Aluminium prices traded slightly lower by 0.34 per cent to Rs 102.35 per kg in futures trade today, as speculators reduced their positions on subdued demand in spot markets.
At the Multi Commodity Exchange counter, aluminium for September-month traded lower by Rs 0.35, or 0.34 per cent, to Rs 102.35 per kg, with a business volume of 10 lots.
Similarly, the metal for delivery in October also shed Rs 0.27, or 0.24 per cent, to Rs 103.43 per kg in 8 lots.
Marketmen said positions reduced by speculators after fall in demand in the spot market mainly led to a decline in aluminium prices at futures trade.