Opening Bell: Base Metals Market Update

  • Base metals prices opened trading on a positive note today as against yesterday’s closing levels. Aluminum and nickel prices trended higher by over 2% in morning trade. However, stocks of base metals inched down, with zinc falling more than 1% d-o-d.
  • Brent oil futures traded 1% higher at $115/barrel and WTI Futures gained nearly 2% to $110.17/barrel at the time of reporting.

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