Aluminium settled 0.25% higher at Rs 347.60, buoyed by declining inventories and anticipations of additional policy support from China. However, the gains were constrained by rising oil prices, renewed inflation concerns, and expectations of increased interest rates. Aluminium stocks at three major Japanese ports decreased by 8.8% month-on-month, reaching 201,000 tonnes at the end of 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
Aluminium prices increased by 0.41% to close at Rs 346.2, buoyed by constricting global supply dynamics and apprehensions regarding possible production interruptions. The market gained momentum from a 6.7% year-on-year decrease in aluminium production outside China in July, primarily attributed to reduced operating rates at various smelters in the Middle East. Additional support emerged as 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 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
