India MCX aluminium hovered around ₹315/kg as global cues held – 22 January 2026
Domestic aluminium futures on the MCX were reported near ₹ 315/kg on 22 January 2026, reflecting steady global price support and local market sentiment.
Summary :
Aluminium prices are currently trading between $2,450 and $2,600 per ton, experiencing a 10-15% increase since January due to US-China tariffs and supply chain issues. China’s manufacturing slowdown and environmental policies impact global supply, while demand remains stable with growth in EVs and construction.
Base metal prices are shaped by global economic trends and industry-specific factors, with China’s economic conditions playing a pivotal role. As the largest consumer and producer, China significantly influences global pricing dynamics.
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