SELL ALUMINIUM FEB @ 309 SL 312 TGT 306-304. MCX - Kedia Advisory
Aluminium
SELL ALUMINIUM FEB @ 309 SL 312 TGT 306-304. MCX
Observations
Aluminium trading range for the day is 299.9-312.1.
Aluminium dropped as inventory pressure is gradually increasing.
The peak social inventory after the Chinese New Year holiday is expected to hit a new high in nearly three years.
China’s refined aluminium production maintained a steady trajectory in December 2025, up 2.9% year-on-year.
Copper
SELL COPPER FEB @ 1235 SL 1245 TGT 1225-1215. MCX
Observations
Copper trading range for the day is 1181.4-1285.4.
Copper dropped weighed down rising supplies in China.
China’s refined copper output will likely rise by about 5% this year following a 10% increase last year.
Rising stockpiles in major trading hubs, particularly LME warehouses in Asia, also weighed on prices.
Zinc
SELL ZINC FEB @ 322 SL 325 TGT 319-317. MCX
Observations
Zinc trading range for the day is 316-323.2
Zinc dropped amid stable supply and weak demand, with inventories expected to gradually accumulate.
South China zinc mine to halt production for over 10 days, reducing zinc concentrate output by 4,000 mt
China turned net exporter of refined zinc in November and December after a vicious squeeze on the LME contract in October.
