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Metals Commodity Price Forecasting

Increase your company's margins by making smart pricing decisions!

Forecasting metal commodity prices is an important component for increasing the valuation for ferrous and nonferrous metals companies. Long production cycles require efficient hedging mechanism to safeguard the margins, hence predicting accurate commodity price is a great help.

For accurate prediction of Metals commodity prices

We employ a rigorous analytic technique to provide users with a comprehensive view of what is driving the price. With a better understanding of cost structures and market dynamics, companies can negotiate pricing more effectively, cutting supply chain expenses and improving profit margins.

Non-Ferrous Metals

Non-ferrous materials come in a wide variety and include all metals and alloys that do not include iron. Aluminium, copper, nickel, zinc, etc are non-ferrous metals, as are copper alloys like brass and bronze. Although the steel price extreme cycle may have peaked, industry leaders and sector specialists predict that prices for metals such as aluminium, copper, and zinc will continue to rise. In recent times, all these commodities have also become an option for trading & hedging.

Copper Futures

India MCX

Daily Change (Val)

₹ -13.40

Weekly Change (Val)

₹ 4.25

₹ 758.35

Aluminium Futures

India MCX

Daily Change (Val)

₹ 1.10

Weekly Change (Val)

₹ 0.10

₹ 203.85

Copper Futures

CME

Daily Change (Val)

$ 0.08

Weekly Change (Val)

$ 0.28

$ 4.12

Nickel Futures

London Metal Exchange

Daily Change (Val)

$ -280.00

Weekly Change (Val)

$ -752.00

$ 22517

Zinc Futures

London Metal Exchange

Daily Change (Val)

$ 21.50

Weekly Change (Val)

$ -67.00

$ 2907

Aluminium Futures

CME

Daily Change (Val)

$ 33.25

Weekly Change (Val)

$ 37.75

$ 2322.5

Ferrous Metals

Any metal containing iron is referred to as ferrous metal, such as steel material. They are known for their strength properties, which makes them perfect for use in bridges, trains, and other structural and architectural projects like the highest skyscrapers. Steel prices are predicted to decline in 2022 and beyond due to China's weak demand, the possibility of a European recession, and the slowing of global economic growth.

HRC Futures

CME

Daily Change (Val)

$ -12.00

Weekly Change (Val)

$ -55.00

$ 1200

HRC Spot India

Delhi

Daily Change (Val)

₹ -100.00

Weekly Change (Val)

₹ NaN

₹ 59400

HRC Spot India

Faridabad

Daily Change (Val)

₹ -100.00

Weekly Change (Val)

₹ NaN

₹ 59100

Precious Metals

As the name suggests, precious metals are high economic value commodities, rare, naturally occurring metallic elements historically considered as a form of currency. However, in current times they act as a hedge against inflation, means of investment for economic stability, portfolio diversifier and as industrial commodities.

Gold Futures

CME

Daily Change (Val)

$ 46.30

Weekly Change (Val)

$ 64.60

$ 1995.9

Gold Futures

India MCX

Daily Change (Val)

₹ 750.00

Weekly Change (Val)

₹ 1170.00

₹ 59506

Silver Futures

India MCX

Daily Change (Val)

₹ -471.00

Weekly Change (Val)

₹ 1539.00

₹ 68838

Silver Futures

CME

Daily Change (Val)

$ 0.47

Weekly Change (Val)

$ 1.38

$ 23.26

Platinum Futures

London Metal Exchange

Daily Change (Val)

$ 4.00

Weekly Change (Val)

$ 36.00

$ 989

Palladium Futures

London Metal Exchange

Daily Change (Val)

$ 37.00

Weekly Change (Val)

$ 74.00

$ 1435

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