Opening Bell: Base Metals Market Update

  • Base metals prices opened on a volatile note today as against the last closing levels. Nickel prices rose nearly 2.5%, while zinc fell more than 2% in morning trade. Base metals stocks have shown an uptrend, with copper rising nearly 8% d-o-d, equivalent to 10,100 t.
  • Brent oil futures was at $113 per barrel and crude oil WTI futures was at $110 per barrel at the time of compiling this assessment.

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