Opening Bell: Base Metals Market Update

  • Base metals prices opened on a negative note today as against the last closing levels. Zinc prices slipped over 2% in morning trade. Base metals stocks remain largely rangebound with aluminium falling by 4,125 t d-o-d yesterday.
  • Brent oil futures fell 0.59% to $112.81 and crude oil WTI futures fell 0.53% to $110.94 at the time of reporting.
  • Notably, Primary players increased aluminium ingot prices today.

Comments

Leave a Reply

Your email address will not be published. Required fields are marked *