Zinc prices experienced a modest decline, closing down by 0.39% at Rs 348.1, influenced by uncertainty surrounding the Iran ceasefire and prevailing geopolitical tensions that affected market sentiment. Despite the decline, the underlying fundamentals continue to provide a degree of support, mitigating the risk of a significant downturn. Tightening conditions on the supply front continue Read More
Zinc prices increased by 1.75%, concluding at Rs 349.45, buoyed by a more favorable outlook regarding U.S.-Iran ceasefire developments following the declaration of an indefinite extension. This alleviated short-term geopolitical anxieties while maintaining a risk premium. Further backing was provided by the constriction of supply dynamics, as LME inventories fell to a one-month low, and Read More
Copper prices experienced a modest decline of 0.34%, concluding at Rs 1,265.05, as market participants exercised caution in anticipation of possible U.S.–Iran peace negotiations and critical indications from the Federal Reserve regarding interest rate adjustments. The Yangshan premium, indicative of China’s import demand, held steady at $69 per ton, suggesting persistent support even as it Read More
Aluminium increased by 0.43% to close at Rs 365, bolstered by fresh worries regarding supply interruptions from the Persian Gulf, a region responsible for nearly 9% of global production. Tensions have intensified following Iran’s recent closure of the Strait of Hormuz, which occurred shortly after it had been reopened, with the country attributing this move Read More
Zinc prices experienced a modest decline of 0.34%, closing at Rs 339.1, primarily attributed to profit-taking following recent increases. Nonetheless, the downside was constrained, as the positive sentiment surrounding the Strait of Hormuz—remaining accessible throughout the ceasefire—contributed to alleviating supply worries and bolstered industrial activity. The resurgence of China’s factory sector into expansion has positively Read More
Copper prices increased by 0.31% to close at Rs 1,273, primarily driven by apprehensions regarding potential supply disruptions. Shortages of sulphur—an essential input in metal processing—stemming from tensions in the Middle East, have contributed to the prevailing bullish sentiment. Sentiment showed an uptick amid expectations of renewed discussions between the U.S. and Iran, as Donald Read More
Aluminium prices experienced a decline of 0.5%, closing at Rs 366.9, primarily attributed to profit-taking following the recent significant rally spurred by geopolitical tensions in the Middle East. The U.S. decision to implement a maritime blockade on Iran sparked initial apprehensions regarding potential supply disruptions; however, the market exhibited a degree of stabilization as traders Read More
Copper prices increased by 1.44%, closing at Rs 1,210.15, primarily driven by a significant decline in inventories at the Shanghai Futures Exchange, which decreased by 11.5% over the past week. The downturn in equities suggests a strengthening of near-term demand, despite the prevailing caution in global markets. Market participants are meticulously observing the dynamics of Read More
Aluminium prices experienced a modest decline of 0.25%, concluding at Rs 354.85, influenced by increasing inventories in China that dampened market sentiment. Stocks in Shanghai Futures Exchange warehouses have been on a consistent upward trajectory, approaching levels not seen in nearly six years. This trend indicates a decline in demand and a more measured approach Read More
Copper prices experienced a decline of 0.17%, concluding at Rs 1,159.55, reflecting a cautious market sentiment influenced by persistent geopolitical tensions and macroeconomic uncertainty. Market participants are attentively monitoring the situation following U.S. President Donald Trump’s ultimatum regarding Iran, as the absence of a definitive timeline for resolution has heightened apprehensions about global economic growth. Read More
Zinc increased by 0.39% to close at Rs 324.45, buoyed by a resurgence in industrial activity in China and indications of temporary supply constraints. China’s manufacturing PMI increased to 50.4 in March, indicating a return to expansion and enhancing demand sentiment for base metals. Simultaneously, inventories at the Shanghai Futures Exchange experienced a 1% decrease Read More
Copper prices experienced a modest increase, closing up 1.01% at Rs 1,150.4, as market participants drew some optimism from the prospect of alleviating geopolitical tensions. Sentiment showed signs of improvement following Donald Trump’s extension of the deadline for potential action against Iran, thereby providing additional time for negotiations. Although this offered temporary respite, the overall Read More
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
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
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
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
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
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
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
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
