📌 BASE METALS UPDATES

Advisory Bazaar Info Services

🔹 Copper (Jan):

Copper prices are likely to trade with a firm bias and may move in the range of 1380–1420. The red metal is hovering near a five-month high, supported by tight global supply conditions and strong U.S. economic data. The U.S. economy recorded its fastest growth in the last two years during Q3.

🔹 Aluminium (Jan):

Aluminium prices may continue to show an upward trend and are expected to trade in the range of 305–315.

🔹 Lead (Jan):

Lead prices may witness volatility and are likely to remain in the range of 182–187.

🔹 Zinc (Jan):

Zinc may also trade with a volatile tone within the range of 315–323.

📈 Annual Performance:

So far this year, copper prices have surged by over 35%, heading towards their strongest annual gain since 2009. This rally is being supported by rising demand from the technology and energy transition sectors, along with uncertainties related to tariff policies.