Tag: base metals
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Weekly round-up: Base metals prices trend lower on global cues
Domestic base metals prices remained in negative territory this week following a downtrend in the three-month contract prices on the London Metal Exchange (LME). Metal prices fell as one of China’s biggest cities, Chengdu, announced renewed lockdowns following fresh outbreaks of COVID-19 adding to demand worries, with prospects of aggressive interest rate hikes in the…