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CLOSE TO CLOSE: Base metals prices regain ground on stronger equity markets

April 22, 2014 - 17:45 GMT Location: London

KEYWORDS: LME , base metal prices , equity markets , aluminium , copper , nickel

Base metals prices crept higher during kerb trading on the London Metal Exchange on Tuesday April 22, as stronger equity markets boosted risk taking.

Three-month aluminium closed at $1,891 per tonne up from its previous close at $1,855 per tonne. "Everything is a bit stronger today. It is a combination of a risk on mode in the market with equity markets on the rise […] and also stock changes we have witnessed over the recent days, with copper inventories sliding, tin cancelled warrants on the rise and nickel inventories dragging down, have also...

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