Aluminium prices experienced a decline of 2.57%, settling at Rs 345.25, as the easing of geopolitical tensions in the Middle East alleviated concerns regarding potential supply disruptions. Market sentiment deteriorated after the United States provided Iran with a 60-day sanctions waiver in the wake of preliminary peace negotiations, enhancing expectations for a gradual normalisation of Read More
Aluminium prices experienced a decrease of 0.49%, concluding at Rs 356.9, as the alleviation of geopolitical tensions diminished worries regarding potential supply disruptions from the Middle East. Market sentiment deteriorated following the signing of an interim peace agreement between the United States and Iran, which seeks to conclude hostilities and facilitate the reopening of the Read More
Zinc prices settled lower by 0.42% at Rs 371.75, influenced by concerns regarding a prolonged higher interest rate environment in the United States and the improving prospects for a diplomatic resolution between Washington and Tehran, which negatively impacted sentiment across the base metals complex. Stronger-than-expected U.S. economic data, particularly higher job openings and robust private Read More
Zinc prices concluded the trading session with an increase of 0.68%, reaching Rs 369.95. This rise is attributed to the constricting global supply dynamics, which have been influenced by recent interruptions at key zinc processing plants. Market sentiment improved following Nexa Resources’ decision to temporarily halt operations at its Cajamarquilla zinc smelter in Peru, the Read More
Zinc prices concluded the trading session down by 0.8% at Rs 367.45, influenced by profit-taking activities. This decline occurred against a backdrop of renewed uncertainty regarding the Iran conflict, which has led to an uptick in crude oil prices and reignited inflation concerns across global markets. Investors exhibited a degree of caution concerning the overarching Read More
Zinc prices saw a modest rise of 0.14%, finishing at Rs 348.2, as falling energy prices enhanced sentiment in the industrial metals sector and eased concerns about a potential slowdown in global economic growth. The market maintained its momentum, supported by tightening near-term supply conditions, as the global zinc deficit remains one of the most Read More
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
