Tag: base metals
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Opening Bell: Base Metals Market Update
LME base metals stocks fell up to 1.5% on yesterday’s trade closing, which resulted in cash prices increasing by up to 3% today. The opening stocks of aluminium at LME warehouses stood at 573,975 t on 4 May of which live warrants were 387,775 t and cancelled warrants were 186,200 t. Nickel stocks were assessed…