Futures commodities aluminum futures gained 1% to $2

Aluminum futures gained 1% to $2,430/ton as European smelter output continues to contract. Commodity market experts believe industrial metals in the futures commodities basket are entering a supply-driven rally phase. March sugar (SBH26) futures present a selling opportunity on more price weakness. Precious metals significantly outperformed other commodities and commodity sectors for the month ending on Tuesday, September 30, in a month where the dollar index and bond futures were steady. In futures commodities markets, copper prices surged 1.2% to $8,930/ton, driven by stronger-than-expected manufacturing data in China. Market strategists highlight potential upside if industrial demand continues to outpace supply forecasts, making base metals a focal point for short-term traders.