India’s aluminium futures on the MCX have surged above ₹320/kg, driven by strong global price support and tight supply fundamentals. The rally reflects LME aluminium prices breaking above USD 3,000/t, a level not seen since 2022, amid constrained global supply, policy-driven trade frictions, and resilient industrial demand.
👉 Source: The Economic Times / Aluminium Rally in India — https://economictimes.indiatimes.com/markets/commodities/news/aluminiums-spectacular-rally-in-india-whats-driving-the-rally-above-320/kg-and-what-lies-ahead/articleshow/126603056.cms?utm_source=chatgpt.com

Summary :

India’s aluminium futures on MCX surged to a record territory above ₹320/kg in early January 2026, mirroring a sharp upswing on the London Metal Exchange (LME), where prices broke $3,000/ton for the first time since 2022 amid tightening global supply. As a core industrial metal in India’s growth story, aluminium’s 2025–26 rally is rooted in constrained global supply, policy-driven trade frictions, and resilient end-use demand.

Article Link :

https://economictimes.indiatimes.com