Metals on fire: What’s driving the unstoppable rally in copper, aluminium, and zinc

By Hareesh V – The Economic Times – Markets

Base metal prices have witnessed a remarkable rally over the past few weeks, with copper, aluminium, and zinc leading the charge across major global exchanges. Copper prices have surged past the psychological $10,000 mark on the London Metal Exchange (LME), while on India’s MCX platform, they are hovering near record highs. Similar bullish momentum is evident in top consumer China, reflecting a synchronised global upswing. Aluminium prices have climbed to three-year highs, breaching ₹264 per kg  in India, and zinc prices are trading at multi-month highs overseas and record levels domestically.