Tag: Bank of America aluminium forecast
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LME base metals prices inch up d-o-d; copper hits 15-month high on Fed rate cut optimism
Russian supply risks add upside to crude markets BHP bets on copper growth, US investment appeal Base metals prices on the London Metal Exchange (LME) saw slight positive trends d-o-d, with copper increasing by 1.18% to $10,187/tonne (t). Meanwhile, inventories at LME-registered warehouses registered saw negative movements d-o-d, with lead recording the highest decline of…