Tag: base metals trends
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Base metals prices, stocks on LME witness negative trends
China’s control of nickel supply strengthens LME aluminium monopoly impacting prices Base metals prices on the London Metal Exchange (LME) showed negative trends, with zinc recording the highest drop of 2.66% d-o-d. Meanwhile, inventories at LME-registered warehouses witnessed mixed movements, with zinc up by 4.82% d-o-d. COMEX market update Copper prices on the COMEX stood…