Base Metals

MCX Live Updates

Zinc prices experienced a decline of 0.56%, closing at Rs 308.6, amid ongoing concerns regarding the economic repercussions stemming from the conflict in the Middle East, which persistently impact the overall sentiment in the industrial metals sector. Increasing oil prices have exacerbated inflation concerns and cast uncertainty over global growth, thereby constraining potential upside, even Read More

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Aluminium prices exhibited a largely subdued performance, declining slightly by 0.12% to close at Rs 330.9, as a combination of mixed supply developments and demand concerns contributed to a range-bound market. On the supply side, output has increased in certain areas, with Alvance British Aluminium raising production at its Lochaber smelter by approximately 10%, bolstered Read More

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Copper prices declined by 0.36% to close at Rs 1,108, influenced by increasing oil prices and persistent tensions in the Middle East, which have heightened concerns regarding inflation and global economic growth. The surge in energy prices has prompted a more prudent approach from central banks, as policymakers indicate that inflationary pressures could postpone or Read More

MCX Live Updates

Zinc prices experienced a decline of 2.36%, settling at Rs 306.6, reflecting a broader weakness in industrial metals driven by escalating concerns regarding the global economic ramifications of the Iran conflict. Sentiment continued to face challenges as a result of a robust US dollar and a consistent accumulation of inventories. Stocks on the Shanghai Futures Read More

MCX Live Updates

Copper prices experienced significant downward pressure, declining by 2% to close at Rs 1153, influenced by increasing inventories and overarching macroeconomic concerns that dampened market sentiment. Stocks in LME warehouses increased to 334,100 tons, marking the highest level since August 2019, indicative of a robust near-term supply situation. The widening discount between the cash contract Read More

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Aluminium prices experienced a decline, decreasing by 0.44% to close at Rs 340.9, influenced by increased production from China and a rise in inventories within the domestic market, which dampened market sentiment. China’s aluminium production increased by 3% year-on-year, reaching 7.53 million tonnes in the initial two months of 2026, indicative of enhanced smelter margins Read More

MCX Live News

Copper prices declined by 0.51%, closing at Rs 1,181.35, influenced by a robust U.S. dollar and ongoing inflationary pressures that dampened market sentiment. Heightened oil prices have intensified inflationary pressures, diminishing the likelihood that the U.S. Federal Reserve will initiate interest rate cuts in the near term. Given the prevailing expectation that the Fed will Read More

MCX Live Updates

Zinc prices experienced a decline, closing 0.28% lower at Rs 324.45, influenced by a robust U.S. dollar and increasing inventories in China that pressured the market. Stocks stored in facilities overseen by the Shanghai Futures Exchange increased by 9.2% since last Friday, thereby intensifying immediate price pressures. The dollar index has ascended past 100, bolstered Read More

MCX Live Updates

Zinc prices experienced a modest decline in the last session, closing 0.14% lower at Rs 325.5, influenced by a strengthening U.S. Dollar Index, which rose above 99.10 in the context of increasing uncertainty related to the ongoing conflict involving the United States, Israel, and Iran. The robust dollar and apprehensions regarding global manufacturing demand exerted Read More

MCX Live News

Aluminium prices experienced a modest increase in the last session, closing 0.39% higher at Rs 337.25, bolstered by supply concerns originating from the Middle East that underpinned market sentiment. Deliveries experienced interruptions following the suspension of shipments by significant smelters in Qatar and Bahrain, leading buyers in the United States to seek alternative cargoes from Read More

MCX Live News

Copper prices experienced a modest decline in the previous session, closing 0.31% lower at Rs 1,193.45, primarily influenced by increasing inventories on the London Metal Exchange. Stocks in LME warehouses rose by 2,450 tonnes to reach 284,325 tonnes, marking the highest level since October 2024, with significant inflows observed in Singapore and New Orleans. Inventories Read More

MCX Live Updates

Zinc prices concluded the session on an upward trajectory, increasing by 0.79% to reach Rs 323.85. This rise was primarily driven by constrained supply dynamics and persistent apprehensions regarding mine disruptions and delays. Despite a 7.04% increase in inventories within warehouses tracked by the Shanghai Futures Exchange since last Friday, persistent concerns regarding overall supply Read More

MCX Live News

Aluminium prices experienced a modest increase in the previous session, closing 0.11% higher at Rs 330.6, bolstered by rising supply concerns associated with intensifying geopolitical tensions in the Middle East. Production disruptions have contributed to a bullish sentiment, as Qatalum and Aluminium Bahrain announced force majeure on shipments, heightening concerns over a tighter global supply. Read More

MCX Live News

Zinc prices concluded the trading session with a modest increase, rising by 0.28% to reach Rs 327.85, primarily bolstered by constrained supply dynamics and apprehensions regarding potential mine disruptions. Reduced inventories and disruptions in production have persisted in supporting the market, contributing to the stability of prices. Nonetheless, the increases were constrained as a robust Read More

MCX Live News

Zinc declined by 0.47% to close at Rs 326.95, influenced by a stronger dollar and ongoing apprehensions regarding China’s demand prospects. As markets in China resumed operations following the holidays, traders looked forward to potential restocking activities; however, the prevailing sentiment was one of caution due to a backdrop of mixed economic indicators. Weak data Read More

MCX Live Updates

Aluminium increased by 1.07% to close at Rs 313.15, buoyed by enhanced sentiment following the U.S. Supreme Court’s decision to overturn President Trump’s reciprocal tariffs, which has fostered optimism for a more lenient trade approach. Investors continue to assess the overarching trajectory of U.S. tariff policy, as trading activity in China has increased subsequent to Read More

MCX Live Updates

Copper increased by 0.15% to close at Rs 1199.1, buoyed by a resurgence in buying interest as traders in mainland China resumed activities following the extended Lunar New Year holiday. Nonetheless, gains were limited due to renewed trade uncertainty following the U.S. Supreme Court’s decision to invalidate President Trump’s emergency tariffs, which led him to Read More

MCX Live Updates

Zinc experienced a modest increase, closing 0.21% higher at Rs 327, bolstered by ongoing supply concerns despite the mixed signals regarding broader demand. The combination of constrained inventories and intermittent mining interruptions in China provided a foundation of support. A mine in southwest China halted production earlier this month, while a lead-zinc operation in central Read More

MCX Live Updates

Copper increased by 0.68% to close at Rs 1,168.15, as investors capitalized on the dip amid thin trading conditions. Nonetheless, the overall supply landscape continues to appear adequate. Inventories in London Metal Exchange warehouses have experienced an uninterrupted increase for 26 consecutive sessions, reaching an 11-month peak. Additionally, the total stockpiles across Shanghai, London, and Read More

MCX Live Updates

Aluminium declined by 0.67% to close at Rs 306.2, influenced by apprehensions regarding decelerating global growth following the IMF’s caution that subdued domestic demand and a tenuous global environment present risks, especially for China. While China achieved its 5% growth target in 2025, ongoing deflationary pressures and a more severe property downturn than anticipated cast Read More