India MCX aluminium sees steady trend around ₹319–₹320/kg – 15 January 2026

Domestic MCX aluminium futures were reported around ₹318.8 per kg on 15 January 2026, reflecting global price strength and sustained demand signals in Indian markets.

Aluminium prices slipped on MCX after Trump’s fresh 50% tariff on derivatives, though slower Chinese output and EU demand provide support. Experts suggest a buy-on-dips strategy between Rs 250–251, targeting Rs 258–260, with stop-loss below Rs 246 amid near-term volatility.

Commodity Radar: Trends positive for aluminium trade. Time to accumulate for up to 6% near term upside | News

11 Aug, 2025, 06.14 PM

Aluminium futures declined amid global uncertainty following new US tariffs. Despite the dip, prices remain supported by China’s improved demand outlook and supply tightening. Technical indicators suggest bullish momentum, though resistance near Rs 255–257 may lead to consolidation. Traders are advised to buy on dips with defined targets and stop-loss.

https://economictimes.indiatimes.com