Copper increased by 0.27% to close at Rs 1,209.5, buoyed by positive sentiment regarding global manufacturing, the transition to green energy, and demand growth driven by artificial intelligence. The persistent supply constraints at significant mining operations have also provided support. Nevertheless, the increases were constrained by a prevailing risk-averse sentiment in international markets and subdued Read More
Aluminium prices declined by 1.96%, closing at Rs 307.7, as traders took the opportunity to secure profits in response to mixed economic indicators from the U.S., where robust non-farm payroll figures were counterbalanced by weaker jobless claims data. Nonetheless, losses were constrained by the prevailing tightening of supply conditions. South32 Ltd. has announced its intention Read More
Zinc concluded the trading session with a 0.98% increase, reaching Rs 328.95, bolstered by anticipated short-term supply disruptions and favorable demand outlooks. As the Lunar New Year draws near, a zinc mine located in Southwest China has halted operations in early February, with a projected resumption in March. This suspension is expected to lead to Read More
Copper experienced a decline of 1.28%, closing at Rs 1,233.65, influenced by increasing exchange inventories and lackluster trading activity in anticipation of China’s Lunar New Year holiday. LME warehouse stocks increased to 189,100 tons, marking the highest level since May, driven by new deliveries in Taiwan and the U.S. Meanwhile, Shanghai Futures Exchange inventories surged Read More
Aluminium prices experienced a modest increase, closing up 0.19% at Rs 312.8, bolstered by constricting global supply dynamics and a positive shift in demand sentiment. Production disruptions at key smelters in Iceland, Mozambique, and Australia have reinforced supply concerns, while early signs of economic stabilization in China have improved investor confidence. Goldman Sachs has adopted Read More
Zinc prices experienced an upward movement, concluding with a gain of 1.69% at Rs 325.65, as market participants concentrated on imminent supply disruptions and the potential for reduced availability in the lead-up to the Chinese New Year. Numerous mines in China have declared temporary production halts for the holiday season, with facilities in the southwest Read More
Copper prices experienced a decline, closing down 1.33% at Rs 1,228, as increasing supply pressures negatively impacted market sentiment. The decline was primarily influenced by events in China, the globe’s foremost consumer, where refined copper production is anticipated to increase by approximately 5% this year following a significant 10% rise the previous year. In a Read More
Zinc concluded the trading session with a decline of 0.77%, settling at Rs 321.7, influenced by a combination of increased production in China and the strengthening of the dollar, which exerted downward pressure on the market. In December 2025, China’s refined zinc production reached an unprecedented 675,000 tons, reflecting a year-on-year increase of 13.1%. This Read More
Aluminium prices exhibited an upward movement, concluding with a gain of 1.01% at Rs 314.85, bolstered by favorable macroeconomic indicators from China and constricting global supply dynamics. In January 2026, China’s manufacturing PMI increased to 50.3, marking the most rapid expansion in three months. This growth was propelled by enhanced output and new orders, notably Read More
Copper prices declined by 0.88% to close at Rs 1,218.95, as initial support from robust Chinese macroeconomic data was counterbalanced by a stronger U.S. dollar. In January 2026, China’s manufacturing PMI increased to 50.3, marking the most rapid expansion in three months. This growth was propelled by heightened output, an uptick in new orders, and Read More
Zinc prices declined by 0.88% to close at Rs 319.55, influenced by profit-taking and a stronger U.S. dollar as markets adjusted in anticipation of Donald Trump’s nomination of former Fed Governor Kevin Warsh as the next Federal Reserve Chair. The appreciation of the dollar has diminished demand for base metals, leading certain investors to secure Read More
Copper prices experienced a significant increase, closing at Rs 1,411.5, reflecting a rise of 6.79%. This movement was largely influenced by diminishing confidence in the U.S. dollar, alongside escalating geopolitical and trade uncertainties. Sentiment saw an uptick following President Trump’s renewed threats of military action against Iran. However, reassurances regarding a robust dollar policy did Read More
Zinc prices experienced a notable increase, closing higher by 2.58% at Rs 324.4, driven by escalating worries regarding constrained near-term supply. Refined zinc production is projected to have decreased by approximately 2% last year, even with a 6.3% increase in mined output. This discrepancy highlights ongoing production restrictions among smelters, especially in Kazakhstan and Japan, Read More
Copper prices concluded the trading session with an increase of 0.84%, reaching Rs 1,283.8, buoyed by supply-side disruptions and a reduction in geopolitical tensions. The most immediate catalyst was the near-halt in production at Capstone Copper’s Mantoverde mine in northern Chile, where a prolonged labor strike resulted in the shutdown of the desalination plant, jeopardizing Read More
Aluminium prices experienced a slight increase, closing up by 0.05% at Rs 315.2, as market participants reevaluated their outlook on supply constraints and robust global demand. Sentiment was bolstered by indications of economic stabilization in China following Beijing’s reaffirmation of its commitment to supportive policies. China’s central bank indicated its intention to reduce the reserve Read More
Zinc prices experienced a modest increase, closing up by 0.18% at Rs 311.9, bolstered by a depreciating U.S. dollar and stronger-than-anticipated economic indicators from China. The dollar index experienced a decline following U.S. President Donald Trump’s reaffirmation of his intention to implement an additional 10% tariff on imports from eight European countries, which exerted pressure Read More
Copper prices experienced a decline yesterday, closing down by 1.29% at Rs 1285.65, influenced by indications of weakening demand from the leading consumer, China. The Yangshan import premium, an important indicator of Chinese consumption, has decreased by 50% over the last month, reaching its lowest point since mid-2024. Concurrently, inventories in Shanghai Futures Exchange warehouses Read More
Aluminium prices experienced a modest increase yesterday, closing up 0.35% at Rs 317.6, bolstered by supply-side apprehensions following China’s attainment of the government-mandated production capacity limit. Despite a significant increase of 29.2% in inventories at Shanghai Futures Exchange warehouses compared to the previous week, the downside appears constrained as overarching global fundamentals indicate a persistent Read More
Zinc prices concluded the trading session down 1.59% at Rs 312.8, influenced by regulatory and macroeconomic challenges emanating from China. Sentiment deteriorated following directives from Chinese regulators mandating exchanges, such as the Shanghai Futures Exchange, to eliminate high-frequency trading servers, thereby curtailing speculative engagement. Concerns regarding demand prospects remained as China’s 2025 new bank lending Read More
Copper prices experienced a decline, closing 0.36% lower at Rs 1308.5, influenced by a robust U.S. dollar and diminishing worries regarding the prompt enforcement of U.S. tariffs on essential minerals. U.S. President Donald Trump indicated a temporary halt on tariffs concerning rare earths, lithium, and other essential minerals, which affected market sentiment, despite copper’s continued Read More
