Opening Bell: Base Metals Market Update

  • Base metals prices on LME opened at rangebound levels in morning trade today, with zinc and aluminium falling more than 1% as against the last closing.
  • Base metals stocks on LME-registered warehouses showed negative balance in the last closing, with copper contracting 2.02% d-o-d.
  • On the other hand, key domestic primary players raised aluminium ingot prices today.

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