Opening Bell: Base Metals Market Update

  • Among base metals, aluminium opened on a positive in morning trade today. However, nickel and zinc cash prices declined by more than 1% as against the last closing.
  • Base metals stocks at LME-registered warehouses dropped in the last closing, with copper contracting by 1.46% d-o-d, equivalent to 2,500 t.
  • On the other hand, primary domestic players have cut aluminium ingots prices sharply today.

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