Aluminium is trading at two months' highs after 45 percent of gains in the previous year.
The premium on the physical market is around $423 per tonne. This is way higher or double than in the month of December.
Chinese imports have been positive number, it is up 60 percent in the previous o a year-on-year basis.
Watch the accompanying video of CNBC-TV18’s Manisha Gupta for more details.