Author: Drishya Yadav
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Opening Bell: Base Metals Market Update
LME nickel cash price opened at $32,749/t today, unchanged compared to previous day’s closing, while the three-month nickel futures closed at $32,893/t yesterday, up 3.43% as against 29 March. Nickel stocks touched a new low of 72,540 t. Aluminium cash prices remained largely stable d-o-d at $3,522/t. Primary players have lowered their offers on unclear…