 "Aluminium down 0.2% on global cues")
Aluminium prices fell 0.23% to Rs 108.15 per kg in futures trading today as speculators offloaded their positions, tracking a weak trend in the global markets.
At the Multi Commodity Exchange, aluminium for delivery in January declined by 25 paise, or 0.23%, to Rs 108.15 per kg in business turnover of 38 lots.
Similarly, the metal for delivery in February traded lower by 15 paise, or 0.14%, to Rs 109.70 per kg in 4 lots.
Market analysts said offloading of positions by speculators triggered by a weak trend in base metals in the global markets, led to a fall in aluminium futures prices here.
At the Multi Commodity Exchange, aluminium for delivery in January declined by 25 paise, or 0.23%, to Rs 108.15 per kg in business turnover of 38 lots.
Similarly, the metal for delivery in February traded lower by 15 paise, or 0.14%, to Rs 109.70 per kg in 4 lots.
Market analysts said offloading of positions by speculators triggered by a weak trend in base metals in the global markets, led to a fall in aluminium futures prices here.