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.

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.

https://economictimes.indiatimes.com