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Aluminum gained, balancing between higher warrants ratio at LME and elevating inventories at the global exchange warehouses.
Copper rose amid firmness in global equities and optimism over Greek bailout talks. However, the upswing was limited as LME inventories continued to climb. LME stocks advanced by 8,900 tonnes last week.
Nickel was the only loser amid surplus on the physical market and bloated LME inventories. LME stockpiles added 2,646 tonnes last week.
Zinc inched up on an advance in cancelled warrants ratio at LME. However, the gains were capped as the recent ILZSG report indicated that global zinc market was in surplus of 137,000 tonnes in the period between January and September.