Author: Drishya Yadav
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Opening Bell: Base Metals Market Update
Opening stocks of aluminium at LME warehouses fell to 635,975 t, declined 22% m-o-m as against 814,275 t on 1-Mar’22. Nickel stocks were recorded at 72,390 t, down 9% m-o-m as against 79,524 t on 1-Mar’22. The impact of decreasing stocks were seen in LME nickel cash prices, which opened at $34,254/t today, up 4.43%…