MCX aluminium surges to fresh multi-year highs near ₹334.5/kg on 30 Jan 2026 – 30 January 2026
On Indian commodity markets, MCX aluminium futures traded near ₹ 334.5 per kg early on 30 January 2026, marking a strong day-on-day rise from the previous close of ₹ 322.10, boosted by tight global supply views and strong short-term buying sentiment.
Summary :
Aluminium is one of the most widely used metals. Its high malleability and low density make it very easy to work with. Besides, it also possesses outstanding corrosion resistance and is simple to cast, mill, and mould. Additionally, it is neither magnetic nor sparking. It is a silvery-white, lightweight metal. Its uses include being a good electrical conductor.
Hence, it is used in electrical transmission lines. Besides this, Aluminium is also used to make numerous items, such as cans, foil, culinary utensils, window frames, beer kegs, and aeroplane components.
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