New Delhi, Oct. 11 -- Base metals are firmly positioned for continued strength, with bullish momentum expected to sustain across copper, zinc, and aluminium in the medium term, according to a report by Motilal Oswal.

The convergence of tightening inventories, electrification-led demand, and supply disruptions across key producing nations supports a constructive outlook for the remainder of FY26.

The report highlighted that the long-term outlook for copper remains strongly bullish, supported by structural shifts in the global economy toward decarbonization, electrification, and digitalisation, along with persistent risks of disruption.

Domestic copper is trading about 27 per cent higher year-to-date, triggered by the US announcing tarif...