- Base metals prices opened at almost rangebound levels today. However, aluminium prices trended up 1.43% in morning trade. Stocks of base metals were down except copper, which rose by 1.38%, equivalent to 1,650 t; meanwhile, zinc stocks fell over 2% d-o-d.
- Crude oil futures opened at 115.96/ barrel levels today. Crude oil futures traded lower below $120 per barrel on aggressive interest rate hike by US Fed.
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