NEW DELHI, Oct 1: Aluminium futures fell 0.58 per cent to Rs 120.70 per kg today as speculators trimmed positions amid a weak trend at the London Metal Exchange.
At the Multi Commodity Exchange, aluminium for delivery in November lost 70 paise, or 0.58 per cent, to Rs 120.70 per kg, with a business turnover of five lots.
The metal for delivery in October also shed 40 paise, or 0.33 per cent, to trade at Rs 119.75 per kg in a turnover of 139 lots.
Marketmen said a weak trend overseas as the strongest US dollar in four years reduced demand for industrial metals quoted in the currency, put pressure on aluminium prices at futures trade here. (PTI)
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