New Delhi, February 17 Aluminium prices fell to Rs 306.95 per kilogram in futures trading on Tuesday as traders reduced their positions due to subdued domestic demand, although firm global trends limited the downside.
On the Multi Commodity Exchange (MCX), aluminium for February delivery declined by 75 paise, or 0.24 per cent, to Rs 306.95 per kilogram in a trading volume of 2,681 lots.
Similarly, the March contract also declined by 35 paise, or 0.11 per cent, to Rs 311.70 per kilogram in 1,952 lots.
Analysts said weak demand from consuming industries weighed on aluminium prices, although gains in international markets helped to restrict the fall.
In the overseas market, aluminium on the London Metal Exchange (LME) rose by USD 11.75, or 0.39 per cent, to USD 3,057.05 per tonne.
