Archive · 19 Nov 2025
MCX Aluminium Futures: Price Drop Threatens Uptrend
Aluminium futures on the Multi Commodity Exchange (MCX) have dropped by more than 3% in the last week.
This decline has put an uptrend that started in May at risk.
The price has fallen from around ₹274 to ₹264 per kg.
To continue the uptrend, the price needs to go above ₹269.
If it doesn't, it could fall further to ₹258-257.
Aluminium futures on MCX declined over 3% in the past week
Price fell from around ₹274 to ₹264 per kg
Uptrend since May is under threat, resistance at ₹268-269
Further decline possible to ₹261, then ₹258-257
Price needs to rise above ₹269 to resume uptrend to ₹275-280
- Who
- MCX Aluminium Futures
- What
- Declined in price
- When
- Over the past week
- Where
- On the Multi Commodity Exchange (MCX)
- Why
- Due to market conditions
- Previous Price
- Around ₹274 per kg
- Current Price
- ₹264 per kg
- Decline Percentage
- Over 3%
- Important Resistance Zone
- ₹268-269
- Potential Further Decline
- To ₹258-257
