India MCX aluminium trades around ₹316.7/kg – 27 January 2026
Domestic aluminium futures on the Multi Commodity Exchange (MCX) in India were reported near ₹ 316.7 per kg on 27 Jan 2026, in line with steady global cues amid consolidated price action.
Summary :
Why aluminium prices are rising and what to expect next
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.
Learn with ETMarkets: Understanding base metals and how to trade it
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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