BUY ALUMINIUM MAR @ 312 SL 310 TGT 315-317. MCX - Kedia Advisory
Aluminium
BUY ALUMINIUM MAR @ 312 SL 310 TGT 315-317. MCX
Observations
Aluminium trading range for the day is 310.3-314.1.
Aluminium dropped as Century Aluminum expects to resume operations at its Grundartangi smelter in Iceland.
Global aluminium output rises 1.3% year on year in January – IAI
China’s refined aluminium production maintained a steady trajectory in December 2025, reaching a record 3.87 million tons, up 2.9% year-on-year.
Copper
BUY COPPER MAR @ 1205 SL 1195 TGT 1215-1225. MCX
Observations
Copper trading range for the day is 1190.6-1221.8.
Copper dropped as investors engaged in profit-taking while reassessing the demand outlook in China.
Copper inventories in warehouses monitored by the Shanghai Futures Exchange climbed to their highest levels since 2024.
LME copper stocks rose to 253,600 tons after a further 4,000 tons of inflows in the United States and South Korea.
Zinc
BUY ZINC MAR @ 326 SL 323 TGT 329-331. MCX
Observations
Zinc trading range for the day is 323.7-329.5.
Zinc dropped as a firmer dollar tempered optimism about a revival in demand from China.
The global zinc market posted a deficit of 33,000 metric tons in 2025, down from a 69,000-ton shortfall in 2024.
Refined zinc production grew 2.1%, spurred by a 6.1% increase in China, while output outside China dropped 1.6%, ILZSG said.
