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Aluminium prices fell 0.14% to Rs 110.15 per kg in futures trading today as speculators offloaded positions driven by weak demand at spot markets amid a weak trend in the global markets.
At the Multi Commodity Exchange, aluminium for delivery in January next year declined by 15 paise, or 0.14%, to Rs 1107.15 per kg in business turnover of 9 lots.
Similarly, the metal for delivery in December traded lower by 10 paise, or 0.09%, to Rs 108.40 per kg in 78 lots.
Market analysts said speculators offloaded their positions in tandem with a weak trend overseas and at the spot markets owing to sluggish demand, attributed fall in aluminium prices at futures trade.
