 "Aluminium down 0.2% on global cues")
Aluminium futures prices fell 0.27% to Rs 108.90 per kg today tracking a weak trend in the global markets amid subdued domestic demand.
At the Multi Commodity Exchange, aluminium for delivery in March declined by 30 paise, or 0.27%, to Rs 108.10 per kg in business turnover of eight lots.
Similarly, the metal for delivery in February traded lower by 25 paise, or 0.23%, to Rs 107.55 per kg in 165 lots.
Market analysts said speculators offloaded their positions in tandem with a weak global trend as more than estimated decline in Chinese manufacturing, mainly led to the decline in aluminium futures prices.
At the Multi Commodity Exchange, aluminium for delivery in March declined by 30 paise, or 0.27%, to Rs 108.10 per kg in business turnover of eight lots.
Similarly, the metal for delivery in February traded lower by 25 paise, or 0.23%, to Rs 107.55 per kg in 165 lots.
Market analysts said speculators offloaded their positions in tandem with a weak global trend as more than estimated decline in Chinese manufacturing, mainly led to the decline in aluminium futures prices.