Tag: Aluminium and copper
-
LME base metals face pressure following US Fed’s rate decision; Zinc stocks gain 5%
On 31 January, 2024, most base metals prices on the London Metal Exchange (LME) experienced a decline, with the exception of aluminium. Simultaneously, LME warehouse stocks saw increases across various metals, excluding aluminium and copper. Zinc stocks notably rose by 5%, reaching 199,425 t from 189,925 t. The decrease in base metal prices was attributed…