Tuesday, 24 February 2015

Base Metals Daily Market Update

Aluminum declined a tad by around 0.11% yesterday and settled at $1791 MT. The metal declined despite the decline in the inventories and a stupendous rise in the cancelled warrants by 32,220 MT.

Copper declined by around 0.37% yesterday and settled at $5672 MT, majorly due to the absence of the Chinese traders due to lunar holidays which kept the market participation on a lower side.

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