Amid worries about supply disruptions, the price of aluminium increased

Aluminium prices rose by 0.04% to ₹252.1 due to supply concerns and the European Commission’s proposed inclusion of Russian primary aluminium imports in its 16th package of sanctions. The ban, which includes aluminium alloys, has a one-year phase-in period. Global primary aluminium output rose 3% year-on-year to 6.236 million tonnes in December. Stocks at Japan’s…

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silver

Silver Market Set to Face Seventh Consecutive Year of Shortage in 2025

The silver market is expected to experience a deficit for the fifth consecutive year in 2025, with industrial demand continuing to be the main driver of this supply-demand imbalance. Silver prices have risen under the president’s administration due to geopolitical uncertainty and tariff fears, resulting in short supply and increased supply to CME warehouses. Industrial…

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Crude Oil Declines as the United States Lifts Initial Colombian Sanctions Threats

Crude oil prices dropped by 1.98% to ₹6,300 after the US reversed its initial plan to impose sanctions and tariffs on Colombia after reaching an agreement on deported migrants. Market volatility persists due to the President’s strong rhetoric. US crude oil inventories fell for the ninth week, with a 1.02 million-barrel drop. Inventories at the…

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Aluminum prices rise as Europe bans Russian metal imports

Aluminum prices rose 1.1% to ₹252.55 on supply concerns and EU sanctions on Russian aluminum imports.Also, aluminum stocks in LME-registered warehouses have fallen 45% since May 2024, totaling just 619,375 tonnes. More than 60% of canceled warrants indicate that more aluminum could leave LME warehouses in the coming weeks, significantly reducing supply. This supply reduction…

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