Tag: base metals market
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Base metals market awaits upcoming US CPI data
Base metals (copper, aluminium and lead) futures on the London Metal Exchange (LME) and Shangai Futures Exchange (SHFE) gained by up to 5% d-o-d on 8 August. However, nickel and zinc fell by up to 2.5% from the previous session. US July CPI (consumer pricing index) data due: The Consumer Price Index (CPI) measures the…