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Base metals prices on LME show positive trends; stocks witness outflows

Nov 8, 2024

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by

Manya Dewangan

in Aluminium, Non Ferrous

Optimism around Chinese stimulus boosts base metals prices Japanese household spending drops for 2nd straight month Base metals prices on the London Metal Exchange (LME) threw up positive trends, except for lead, which witnessed a drop of 0.49%. Meanwhile, stocks at LME-registered warehouses showed negative movements, with aluminium declining 0.34%. COMEX market update Copper prices…