NEW DELHI, Oct 8: Aluminium traded a shade lower at Rs 119.15 per kg in futures trading today, largely in tune with a weakening trend in global markets on demand concerns.
Further, subdued demand in the domestic spot markets also weighed on metal prices.
At the Multi Commodity Exchange, aluminium for delivery in current month eased by 10 paise, or 0.08 per cent, to Rs 119.15 per kg in a business turnover of 106 lots.
The metal for delivery in November fell by five paise, or 0.04 per cent to Rs 120.15 per kg in four lots.
Market analysts said the weakness in aluminium at futures trade was mostly in tune with a downtrend in the base metals pack at the London Meta Exchange on demand concerns after the International Monetary Fund cut its global growth forecast along with subdued demand at domestic spot markets. (PTI)
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