Sell Aluminum Jul @ 332 SL 335 TGT 329-326. MCX - Kedia Advisory
Aluminium
SELL ALUMINIUM JUL @ 332 SL 335 TGT 329-326. MCX
Observations
Aluminium trading range for the day is 325.4-335.6.
Aluminium prices rose supported by upbeat factory data in China.
China’s official NBS Manufacturing PMI increased to 50.3 in June 2026 from 50.0 in the previous month.
StoneX estimates that as much as 3 million tons of smelter capacity was taken offline since the war began.
Copper
SELL COPPER JUL @ 1275 SL 1285 TGT 1265-1255. MCX
Observations
Copper trading range for the day is 1244.4-1290.8.
Copper gains as concerns over further tariffs had encouraged shipments to the U.S. and tightened availability elsewhere.
Copper output in Chile, fell 12.9% year-on-year in May to 423,623 metric tons.
Comex copper stocks have been rising since April, after a temporary decline in March, risen 3.73% so far in June.
Zinc
SELL ZINC JUL @ 366 SL 369 TGT 363-360. MCX
Observations
Zinc trading range for the day is 354.7-369.3.
Zinc rose due to tighter mine supply.
It is the only LME metal ending June with the forward curve in backwardation.
China's zinc production in May rose 9.40% year-on-year to 64,000 metric tons
