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 Prices
Base Metals Market Update: Aluminium, nickel, zinc drift lower in futures trade amid weak demand
Aluminium prices fell 10 paise at Rs 133.90 per kg on Wednesday as participants trimmed their positions amid a weak trend in spot market.
Free MCX Aluminium Tips : Below ₹ 143.40 Big Panic Start, Any Rally Sell Sell Sell
Free MCX Aluminium Tips : Below ₹ 143.40 Big Panic Start, Any Rally Sell Sell Sell
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Zinc Prices Lead on the Downside, Pressured by Large LME Deliveries
Gold Silver Reports (GSR) – Zinc Prices Lead on the Downside, Pressured by Large LME Deliveries – A 30,075-tonne delivery of zinc into LME-approved warehouses in Antwerp yesterday rattled price sentiment for the metal. The LME’s three-month zinc price closed down by 2.5% or $77 per tonne at $3,135 per tonne on Wednesday, with this weakness filtering through to prices on the SHFE.
Metal Stocks Gain After Aluminium, Copper Prices Rise On LME
Gold Silver Reports (GSR) – Metal Stocks Gain After Aluminium, Copper Prices Rise On LME – Shares of metal producers were trading higher led after copper and aluminium prices rose in international markets. Aluminium prices settled 5.49 percent higher on the London Metal Exchange. While, copper rose 2.1 percent in trade yesterday.