Aluminium prices experienced a notable increase, closing up by 2.77% at Rs 317.4, as investors recalibrated their expectations regarding supply constraints in light of robust global demand. Sentiment was bolstered by a strengthening confidence in China’s macroeconomic outlook, following the central bank’s reaffirmation of its dedication to an accommodative policy stance. This includes anticipated reserve Read More
Aluminium prices experienced a notable recovery in the last session, closing up by 2.74% at Rs 314.8. This increase was bolstered by a rise in investor confidence, reflecting early indications of economic stabilization in China, attributed to Beijing’s strategic support for essential sectors. Further assurance arose from China’s reaffirmation of its dedication to mitigating overcapacity 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
Aluminium prices concluded the session with a slight decline, decreasing by 0.04% to Rs 284.4, as market participants took profits following a period of supply-driven optimism. Prices had strengthened in response to South32’s announcement regarding the Mozal smelter in Mozambique, which is set to enter care and maintenance by March 2026 due to the absence Read More
