Supply Outlook

MCX Live Updates

Aluminium concluded the trading session with a decline of 0.56%, settling at Rs 330.3. This downturn was influenced by reports detailing the aggressive overseas expansion strategies of Chinese producers, alongside apprehensions regarding a possible global surplus anticipated in 2027. However, losses were constrained by diminishing exchange inventories and ongoing supply uncertainty. Inventories at the London Read More

MCX Live Updates

Crude oil settled 0.30% lower at Rs. 8,953, declining by Rs. 27 as markets evaluated the implications of potential additional Russian energy supplies becoming available to global buyers in light of US President Donald Trump’s decision to temporarily ease restrictions on Russian diesel exports for six months. The initiative seeks to bolster American consumers; however, Read More

MCX Live News

Aluminium concluded the trading session with a 0.57% increase, reaching Rs. 335.35, an uptick of Rs. 1.9. This rise was bolstered by a reduction in inventories at Shanghai Futures Exchange warehouses, which saw a decline of 7.8% compared to the report from September 30. However, the upside remained constrained by enhancing production in the Middle Read More

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