Commodities Radar: After rising 62% in 2025, flat copper trading shows loss of momentum in 2026. Is this a dip or a trend reversal?

Domestic copper prices fell by almost one percentage point on Tuesday to touch the day’s low of Rs 1,288.90 per kg, amid mixed global trends, as traders looked for triggers to make their next move in the base metal.The January copper contracts were trading at Rs 1,292.10 around 3 pm on the MCX, down by […]

Commodity radar: Aluminum will achieve the highest profit in three years in 2025. Get ready for a steeper ride in 2026, says Religare analyst

Domestic aluminum prices beat global cues on Wednesday as they fell 1.3% intraday to touch a daily low of Rs 294.60 on the MCX while posting gains. Meanwhile, peers on the Shanghai Futures Exchange (SHFE) and the London Metal Exchange (LME) traded positively.Aluminum futures on the January MCX were hovering around Rs 296 per kg. […]

Copper prices fall 6% intraday after the longest winning streak in eight years. A correction or buying opportunity?

Copper prices witnessed a sharp retrace on Wednesday after a strong rally in recent weeks. On the Multi Commodity Exchange (MCX), copper futures due January 30, 2026 were trading at Rs 1,298.95, down Rs 38.40 or 2.87% intraday.Earlier in the day, prices fell to a low of Rs 1,261, down 5.7% from Tuesday’s close. Despite […]