Base metals prices on LME show varied trends; stocks witness mixed moments

Base metals prices on the London Metal Exchange (LME) exhibited contrasting trends, with zinc prices witnessing the highest gain of 0.95%. Meanwhile, metal stocks at LME-registered warehouses also showed mixed moments. In India’s non-ferrous markets, domestic copper armature scrap was at INR 745,000/t ex-Delhi. Aluminium tense scrap remained stable, with ex-Delhi-NCR prices at INR 172,000/t and ex-Chennai at INR 173,000/t.