Most base metals prices on LME edge down; stocks witness mixed movements

  • Base metals prices on LME dropped except lead. The highest drop was seen in aluminium, down 1.8%. Meanwhile, stocks witnessed varied trends.
  • Asian factory activity expanded in May indicating economic recovery, with China, Japan, and South Korea showing notable growth.
  • Russia’s manufacturing sector saw modest growth in May, driven by increased employment and sustained domestic demand despite declining exports.