India MCX aluminium steady near ₹316.21/kg – 24 January 2026
Domestic aluminium futures on the MCX opened this week around ₹ 316.21 per kg on 24 Jan 2026, showing modest stability in trading amid ongoing global price volatility.
👉 Source: Economic Times MCX aluminium pricing data — https://economictimes.indiatimes.com/commoditysummary/symbol-ALUMINIUM.cms?utm_source=chatgpt.com
Summary :
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.
But the sanctions will still reverberate through metals markets because of the LME’s central position at the heart of the industry. Its prices are used as a benchmark and referenced in a huge number of contracts around the world, and many buyers view the ability to deliver on the LME as essential.
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