Aluminium prices declined by 1.96%, closing at Rs 307.7, as traders took the opportunity to secure profits in response to mixed economic indicators from the U.S., where robust non-farm payroll figures were counterbalanced by weaker jobless claims data. Nonetheless, losses were constrained by the prevailing tightening of supply conditions. South32 Ltd. has announced its intention Read More
Aluminium prices experienced a modest increase, closing up 0.19% at Rs 312.8, bolstered by constricting global supply dynamics and a positive shift in demand sentiment. Production disruptions at key smelters in Iceland, Mozambique, and Australia have reinforced supply concerns, while early signs of economic stabilization in China have improved investor confidence. Goldman Sachs has adopted Read More
Aluminium prices exhibited an upward movement, concluding with a gain of 1.01% at Rs 314.85, bolstered by favorable macroeconomic indicators from China and constricting global supply dynamics. In January 2026, China’s manufacturing PMI increased to 50.3, marking the most rapid expansion in three months. This growth was propelled by enhanced output and new orders, notably Read More
Aluminium prices experienced a notable increase of 4%, concluding at Rs 331.45, largely influenced by constricting global supply dynamics and robust investor positioning. Supply-side pressures have intensified due to production disruptions at key smelters located in Iceland, Mozambique, and Australia, thereby constraining near-term availability. Sentiment experienced an additional uplift following Goldman Sachs’ revision of its 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
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
