Tag: Aluminium and copper
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LME base metals prices experience divergent trends amid stock outflows
The closing prices of base metals on the London Metal Exchange (LME) exhibited diverse patterns on Monday, 29 January, 2024. Nickel experienced the most significant decline, dropping by 2%. Meanwhile, there was a decrease in stocks held in LME-registered warehouses. Three-month aluminium futures dipped by 0.4% to $2,264/tonne (t), nickel prices fell by 2.1% to…