Market and product
Aluminium down 0.5% on weak global cues
Besides, subdued demand in the domestic spot markets also weighed on metal prices.
At the Multi Commodity Exchange, aluminium for delivery in December declined by 45 paise, or 0.50%, to Rs 109.85 per kg in business turnover of 120 lots.
Similarly, the metal for delivery in January traded lower by 55 paise, or 0.49%, to Rs 111.55 per kg in four lots.
Market analysts said the weakness in aluminium at futures trade was mostly in tune with a downtrend in base metals at the LME after manufacturing data for China missed estimates and subdued demand at domestic spot markets.
