Opening Bell: Base Metals Market Update

The opening stocks of aluminium at LME warehouses stood at 584,050 t on 25 Apr’22 of which live warrants were 372,750 t and cancelled warrants were 211,300 t. Nickel stocks were assessed at 72,990 t of which live warrants were 62,646 t and cancelled warrants were 10,344 t. Zinc cash prices fell by 1.14% on 25 April and stocks decreased by 1.48%. Notably, copper stocks fell by 0.36% to 137,275 t.


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