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Aluminium futures were trading lower during morning trade in the domestic market on Friday as investors and speculators trimmed their positions in the industrial metal amid muted physical demand for aluminium at the domestic spot market. Further, slide in physical demand for aluminium at the domestic spot market was due to cut down of bets by traders in the spot markets, influenced aluminium prices at futures trade. At the MCX, aluminium futures for January 2017 contract is trading at Rs 123.75 per kg, down by 0.44 per cent, after opening at Rs 124, against a previous close of Rs 124.30. It touched the intra-day low of Rs 123.60 (at 11:09 hours).
