Aluminium prices were down by 0.25 per cent to Rs 118.20 per kg in futures trade today as speculators booked profits at prevailing levels, driven by easing demand in the spot market.
At the Multi Commodity Exchange, aluminium for delivery in November traded lower by 30 paise, or 0.25 per cent to Rs 118.20 per kg in a business turnover of 342 lots.
Similarly, the metal for delivery in December also edged down by 25 paise, or 0.21 per cent to Rs 118.40 per kg in 19 lots.
Market analysts said besides profit-booking by traders, slide in demand from consuming industries in the spot market, mainly influenced aluminium prices at futures trade.
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