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Aluminium

SELL ALUMINIUM SEP @ 258 SL 260 TGT 256-254. MCX

OBSERVATIONS

Aluminium trading range for the day is 254.7-260.9.

Aluminium dropped as China’s domestic aluminium production in August 2025 increased 1.22% YoY.

China's imports of unwrought aluminium and products in August increased by 12.9% from the year before.

Aluminium inventories in warehouses monitored by the Shanghai Futures Exchange dropped 0.6% from last Friday.

Copper

SELL COPPER SEP @ 909 SL 913 TGT 904-900. MCX

OBSERVATIONS

Copper trading range for the day is 900.4-911.

Copper prices rose on signs of improving demand from China, where buyers are looking to build up their inventory.

The Yangshan copper premium, rose 1.8% to $57 a ton on Friday.

Copper inventories in warehouses monitored by the Shanghai Futures Exchange rose 12.5% from last Friday

Zinc

SELL ZINC SEP @ 278 SL 280 TGT 276-274. MCX

OBSERVATIONS

Zinc trading range for the day is 272.6-281.6.

Zinc declined as China’s zinc production in August reached its highest monthly level since the first quarter of 2024.

Zinc inventories in warehouses monitored by the Shanghai Futures Exchange rose 4.9% from last Friday.

Zinc stocks in LME registered warehouses, which at 48,825 tons have dropped nearly 75% since the middle of April.