At Gold Silver Reports, we provide expert MCX Aluminium tips with daily intraday and positional trading calls. Our analysis includes clear buy/sell levels, stop-loss, and multiple targets, helping traders capture profitable opportunities in the aluminium market.
Ashapura Minechem is emerging as a strong global player in the aluminium race by controlling key bauxite supplies. Here’s why it matters for the world.
LONDON, Nov 9 (Reuters) – Aluminium prices fell to a two-week low on Thursday as a decline in the equities market hit sentiment towards base metals and offset support from improved demand prospects in China, the world’s largest aluminium producer.
LME aluminium cancelled warrants surged 32,000 tonnes to June highs, the biggest jump since January. On-warrant stocks fell, total inventories edged higher, and prices hit $2,625/t. Get easy insights, data table, and FAQs by Neal Bhai.
Aluminum Tariffs :Rio Tinto (NYSE:RIO) is buying aluminum in the U.S. and reselling it to American customers rather than moving its own metal from Canada, as it is now cheaper due to President Trump’s 50% tariff on aluminum imports, Bloomberg reported Thursday.
MCX Aluminium Tips: Hey there! If you’ve been keeping an eye on the commodity market, you might have noticed aluminium futures taking a small dip on Friday. Let’s break it down in simple terms and see what’s driving this change, what the charts are saying, and how you can plan your trades.
Aluminium futures traded higher on MCX, in conjunction with positive international rates amidst weaker dollar and firm demand from industrial consumers. Besides, narrowed inventory levels and stringent supplies also triggered upward trend.
“Aluminum is used in the aircraft industry. Nickel in stainless steel and batteries for electric cars. Platinum in electronics (medicine, chemical industry). Palladium in electronics and the production of catalytic converters for cars. There are big risks with exports from the Russian Federation. Russia’s share in global aluminum production is 6%, nickel (high grade) – 22%, platinum – 15%, palladium – 45%,” Manturov noted, exploring investment opportunities surrounding a range of metals.