Aluminium prices increased by 0.11% to close at Rs 329.80, bolstered by a significant drop in warehouse inventories on the Shanghai Futures Exchange, which decreased by 10.3% from the prior week to 212,858 tonnes. However, gains remained constrained due to a robust US dollar and apprehensions regarding a possible global supply surplus in 2027. Supply Read More
Zinc declined by 0.76%, finishing at Rs 321.15, as it mirrored a wider market downturn, with Chinese traders withdrawing in observance of the Lunar New Year holiday. Sentiment was further dampened by increasing inventories, as stocks in Shanghai Futures Exchange warehouses surged by 23.1% week-on-week. Demand has weakened following the completion of pre-holiday restocking by Read More
