Author: Deepika Singh
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LME base metals prices positive; stocks witness mixed trend
Base metals prices on the London Metal Exchange (LME) mostly remained positive barring nickel as of yesterday’s closing in anticipation of more supportive measures from China. Three-month prices on LME dropped up to 0.8%. However, nickel prices dipped 0.5%. LME warehouse stocks witnessed varied trends, with the highest inflow recorded for lead. Three-month aluminium futures…