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
Zinc prices experienced a modest increase, closing up 1.18% at Rs 312.7. This uptick was bolstered by positive sentiment regarding stable demand from China, coupled with diminishing inventories and persistent disruptions on the supply side. Sentiment was bolstered by reports of planned maintenance shutdowns at multiple Chinese zinc mines, anticipated to diminish concentrate availability in Read More
Copper prices experienced a notable recovery, closing up by 2.65% at Rs 1,315.2, bolstered by a depreciating U.S. dollar and a more optimistic outlook on demand following China’s indication of new initiatives to enhance domestic consumption. China’s cabinet deliberated on a suite of fiscal and financial measures designed to bolster household expenditure and investment, thereby Read More
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
Zinc prices declined by 0.74% to close at Rs 307.35, influenced by a stronger dollar index, which reached its highest point since early December as investors reevaluated the Federal Reserve’s policy outlook in light of mixed U.S. economic data. U.S. labor indicators exhibited resilience, as initial jobless claims saw a modest increase while announced job Read More
Copper prices experienced a decline, closing down by 2.28% at Rs 1,307.75, as profit-taking occurred following the recent surge fueled by expectations of constrained supply and concerns related to tariffs. Market participants express caution regarding the possibility that U.S. tariffs on refined metals, instituted during the Trump administration, may redirect global shipments to the U.S., 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
Copper prices concluded the trading session with an increase of 2.04%, reaching a settlement at Rs 1313.3, driven by supply-side concerns that overshadowed the mixed macroeconomic indicators. Sentiment was bolstered by disruptions in critical producing areas, notably Chile, where Capstone Copper revealed that operations at its Mantoverde mine would be reduced to approximately 30% capacity Read More
Zinc prices experienced a decline, closing down by 0.47% at Rs 306.6, influenced by revived apprehensions regarding demand following a sequence of disappointing economic indicators from China. In November, China’s zinc production increased by 13.3% compared to the previous year, reaching 654,000 metric tons, highlighting a significant near-term supply surplus. Nonetheless, the downside was constrained Read More
Copper prices maintained their robust upward trajectory, closing 0.54% higher at Rs 1,292.5, driven by supply-side disruptions and anticipations of persistently increasing demand stemming from the AI boom and the global energy transition, which bolstered market sentiment. The tightening of physical availability is evident in the Yangshan copper premium, which is concluding the year close Read More
