Aluminium prices concluded the session with a 1.51% increase, reaching Rs 355.85, bolstered by diminishing exchange inventories and apprehensions regarding potential supply disruptions. LME aluminium inventories decreased to 254,900 tonnes, marking the lowest level this century, while stocks on the Shanghai Futures Exchange saw a reduction of 13,000 tonnes last week. Supply concerns intensified following Read More
Aluminium prices edged higher by 0.29% to settle at Rs 341.35, supported by ongoing supply concerns and historically low inventories in London Metal Exchange warehouses. LME aluminium stocks declined further to 267,800 tonnes, the lowest level recorded this century, reinforcing concerns over near-term metal availability. Additional support came after Alcoa reduced its 2026 alumina production Read More
Aluminium prices concluded the session at Rs 341.05, reflecting a decline of 0.55%. This decrease was influenced by resurfacing inflation worries, as escalating geopolitical tensions in the Middle East drove crude oil prices higher, thereby strengthening the outlook for prolonged elevated global interest rates. However, the downside remained constrained as supply-side risks continued to bolster Read More
Aluminium prices experienced a notable increase of 4%, concluding at Rs 331.45, largely influenced by constricting global supply dynamics and robust investor positioning. Supply-side pressures have intensified due to production disruptions at key smelters located in Iceland, Mozambique, and Australia, thereby constraining near-term availability. Sentiment experienced an additional uplift following Goldman Sachs’ revision of its Read More
Aluminium prices exhibited a notable increase, closing up by 2.86% at Rs 298.5, influenced by robust global indicators as LME aluminium approached its peak levels in over three years, driven by escalating worries regarding supply constraints. Sentiment was bolstered by China’s renewed policy approach, which emphasizes the prevention of overcapacity in metal production to mitigate Read More
