Author: Drishya Yadav

LME three-month nickel futures prices closed at $37,235/t, up 15%. Stocks touched a new low of 73,074 t. Opening stocks of aluminium in LME warehouses fell to 684,250 t, declining for the 18th consecutive day. Tin and Lead showed a positive trend while zinc closed after contracting 1.71%. Global aluminium demand will increase by 40%…