New Delhi, Jan 30 (PTI) Aluminium prices eased 0.04 per cent to Rs 134.40 per kg in futures trade Wednesday as speculators were engaged in reducing their positions, tracking a weak trend overseas. Also Read - Aluminium futures remain weak, shed 0.26% on weak domestic demand
Besides, fading demand from consuming industries at domestic spot market fulled the downtrend. Also Read - Nickel futures up 0.69% on spot demand, firm global cues
At the Multi Commodity Exchange, aluminium for January declined 0.05 paise, or 0.04 per cent, to Rs 134.40 per kg in business turnover of 3,988 lots. Also Read - Copper futures slide 0.13 pc on low demand
On similar lines, the metal for April was trading down by 40 paise, or 0.29 per cent, to Rs 135.40 per kg in 95 lots.
Meanwhile, aluminium slipped 0.5 per cent to USD 2,060 per tonne on the London Metal Exchange.
This is published unedited from the PTI feed.