Tag: base metals
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Weekly round-up: Base metals exhibit negative price trend
Domestic base metals prices showed a downfall this week amid poor demand. On the other hand, decline in LME base metals due to Covid-19 shutdowns in China continuing to put downward pressure on prices. Aluminium Aluminium stocks rose by 1,700 t w-o-w at London Metal Exchange (LME)-registered warehouses. The domestic Indian base-metals market is influenced…