Tag: China economic slowdown
-
LME base metals futures edge down d-o-d; China’s factory output, retail growth hit 1-year low
Oil prices jump after Ukrainian strike on Russian depot Chhattisgarh ships record 12,000-t copper concentrate Base metals prices on the London Metal Exchange (LME) inched down d-o-d, with lead decreasing by 1.77% to $2,059/tonne (t). Meanwhile, inventories at LME-registered warehouses witnessed positive movements, with zinc recording the highest gain of 5.37%. Domestic market overview In…