Aluminium concluded the trading session with a 0.24% increase, reaching Rs 348.9, bolstered by constrained physical availability. This situation is underscored by LME inventories hovering close to a 36-year low, while SHFE stockpiles persist in their downward trend. However, the upside remained constrained as several smelters resumed curtailed capacity and pursued expansion projects, while increased Read More
Aluminium concluded the trading session with minimal movement, rising by 0.01% to Rs 344.4. This stability was influenced by China’s commitment to implement fiscal policy measures aimed at bolstering economic growth, which counterbalanced the anticipation of enhanced production in the Middle East and ongoing supply availability. China’s Q2 GDP growth decelerated to 4.3%, heightening anticipations Read More
Aluminium concluded the trading session with a gain of 0.64%, closing at Rs.347.9. This uptick was underpinned by anticipations of further stimulus measures from China, as disappointing figures in industrial output, consumption, and investment heightened the urgency for policymakers to bolster domestic demand. China’s Q2 GDP growth decelerated to 4.3%, heightening anticipations for additional policy Read More
