Copper prices concluded the trading session with a 1.32% increase, reaching Rs 1,365. This rise was underpinned by a reduction in global inventories and a favourable outlook for near-term supply fundamentals, even as global demand indicators presented a mixed picture. Market sentiment remained positive as declining stocks in warehouses highlighted tightening availability outside the United Read More
Zinc futures concluded the trading session with a 0.57% increase, reaching Rs 386. This uptick was bolstered by diminishing worries regarding global economic growth, as a decline in crude oil prices alleviated inflationary pressures. Furthermore, supply-side uncertainties in China contributed additional support to the market. Significant rainfall and flooding in various regions of China have Read More
Aluminium prices edged higher by 0.29% to settle at Rs 341.35, supported by ongoing supply concerns and historically low inventories in London Metal Exchange warehouses. LME aluminium stocks declined further to 267,800 tonnes, the lowest level recorded this century, reinforcing concerns over near-term metal availability. Additional support came after Alcoa reduced its 2026 alumina production Read More
Aluminium prices concluded at Rs 340.35, reflecting a 0.62% increase, bolstered by escalating geopolitical tensions between the United States and Iran. This situation has tempered expectations regarding the resumption of Middle Eastern aluminium smelters and heightened apprehensions about global supply availability. Additional support emerged from a depreciating U.S. dollar following the Federal Reserve’s decision to Read More
Copper prices settled 0.12% lower at Rs 1,322.8 as investors exhibited caution in anticipation of the US Federal Reserve’s policy decision. Additionally, indications of alleviating supply tightness in China contributed to the prevailing market sentiment. The Yangshan copper premium held firm at $112 per tonne, a slight decrease from the previous week’s $115, which marked Read More
Zinc prices declined 0.78% to settle at Rs 376.75, influenced by a stronger U.S. dollar and rising expectations of a Federal Reserve interest rate hike, which may dampen demand for industrial metals. Investor sentiment exhibited a degree of caution in anticipation of the Fed’s policy decision, although losses were somewhat mitigated by the tightening of Read More
Aluminium experienced a decline of 0.45%, settling at Rs 341.9, as the easing of geopolitical tensions in the Middle East alleviated concerns regarding potential supply disruptions following the cessation of hostilities between the United States and Iran. The prospect of shipping resuming through the Strait of Hormuz exerted downward pressure on prices, while the restart Read More
Zinc prices settled 0.37% higher at Rs 383.9, buoyed by constricting near-term supply conditions and a resurgence in manufacturing sentiment across key economies. China’s GDP growth has decelerated to a three-and-a-half-year low due to subdued domestic demand. However, manufacturing data from China, Europe, and the United States has shown resilience in the face of rising Read More
Aluminium prices concluded the trading session nearly flat, declining by 0.01% to close at Rs 346.45. This slight decrease followed a wave of profit-taking after recent increases, influenced by a robust U.S. dollar and heightened anticipations of a more stringent Federal Reserve policy. The U.S. dollar index reached a three-week peak as rising tensions in Read More
Copper prices decreased by 0.27%, closing at Rs 1,336.7, as profit-taking occurred following recent increases attributed to tightening global supplies and robust demand from China. Despite the minor correction, broader market sentiment remained bolstered by declining exchange inventories and improving physical demand in China. Traders exhibited a degree of caution as they awaited further clarity Read More
Zinc prices concluded the trading session with an increase of 0.82%, reaching Rs 376.6. This rise was bolstered by short covering and ongoing apprehensions regarding imminent supply constraints, even amid the prevailing uncertainty related to the US-Iran conflict. Investors maintained their evaluation of diplomatic initiatives designed to alleviate geopolitical tensions and the potential consequences for Read More
Copper prices fell by 0.47%, closing at Rs 1,302.35, influenced by widespread selling in industrial metals amid rising tensions between the United States and Iran, which dampened investor appetite for risk assets. Market sentiment experienced pressure from disappointing economic data out of China, although supply disruptions in Chile mitigated the extent of the decline. China’s Read More
Zinc prices increased by 0.84%, closing at Rs 377.30, bolstered by constricting near-term supply conditions and positive manufacturing data from key economies. Market sentiment showed signs of improvement as manufacturing indicators from China, Europe, and the United States suggested ongoing industrial resilience in the face of elevated input costs. However, gains remained constrained by rising Read More
Copper prices concluded the session with a slight decline of 0.01%, settling at Rs 1,311.75, as investors weighed the impact of lacklustre macroeconomic indicators from China against the backdrop of milder inflation figures from the United States. China’s economic growth has decelerated to a three-and-a-half-year low, falling short of market expectations as subdued domestic demand Read More
Copper prices advanced 1.20% to settle at Rs 1,311.9, buoyed by improving demand signals from China, tightening global inventories, and ongoing supply concerns. Geopolitical tensions in the Middle East have positively influenced sentiment, as renewed attacks involving the United States and Iran have intensified concerns regarding potential disruptions to global trade via the Strait of Read More
Aluminium prices increased by 0.40%, concluding at Rs 339.80, bolstered by persistent supply concerns and the contraction of exchange inventories. Visible aluminium stocks in LME-registered warehouses have reached their lowest level since 2022, while inventories at the Shanghai Futures Exchange have decreased by 4.8%, underscoring robust physical demand. Renewed geopolitical uncertainty following fresh U.S. strikes Read More
Aluminium prices fell by 1.6%, closing at Rs 338.45, influenced by enhanced supply outlooks following the resumption of operations at Emirates Global Aluminium’s Al Taweelah alumina refinery after a three-and-a-half-month shutdown. The company anticipates that production will achieve 50% of capacity within a matter of days and expects to restore full operational capability by year-end, Read More
Zinc prices advanced 1.93% to settle at Rs 375.9, bolstered by constricting near-term supply conditions and a resurgence in manufacturing activity across major economies. A more robust manufacturing outlook from China, Europe, and the United States has enhanced sentiment for industrial metals. Concurrently, supply disruptions at critical mining and smelting operations have sustained prices, even Read More
Copper prices experienced a decline of 0.62%, settling at Rs 1,268.1. This movement can be attributed to the intensification of geopolitical tensions in the Middle East, which in turn bolstered the U.S. dollar and heightened apprehensions regarding global manufacturing activity. Renewed hostilities between the United States and Iran, coupled with stricter limitations on Iranian energy Read More
Aluminium prices increased by 0.24% to close at Rs 333.25, bolstered by worries regarding possible supply interruptions in the Middle East and a decrease in global inventories. Market sentiment exhibited a degree of caution following reports of a vessel being hit in the Strait of Hormuz. Concurrently, Iran asserted that peace negotiations with the United Read More
