NEW DELHI, May 14: Aluminium prices fell by 0.44 per cent to Rs 101.25 per kg in futures trading today, largely in tune with a weakening trend in the global markets on demand concern.
Further, subdued demand in the domestic spot markets also weighed on the metal prices.
At the Multi Commodity Exchange, aluminium for delivery in May eased by 45 paise, or 0.44 per cent, to Rs 101.25 per kg in business turnover of 181 lots.
The metal for delivery in June fell by a similar margin to trade at Rs 102.30 per kg in 11 lots.
At the London Metal Exchange (LME) aluminium traded 0.20 per cent lower at USD 1,867 per tonne.
Market analysts said the weakness in aluminium at futures trade was mostly in tune with a downtrend in base metals at the LME and subdued demand at domestic spot markets. (PTI)
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