Opening Bell: Base Metals Market Update

  • The opening stocks of aluminium at LME warehouses stood at 571,625 t on 28 Apr’22 of which live warrants were 373,575 t and cancelled warrants were 198,050 t.
  • Nickel stocks were assessed at 72,642 t out of which live warrants were 62,568 t and cancelled warrants were 10,074 t.
  • Zinc cash prices went down by 1.21% on 28 Apr and stocks decreased by 2.65%.
  • Copper stocks rose by 1.58% to 150,850 t.

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