Tag: Codelco output cut 2025
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LME base metals futures inch down d-o-d; India’s manufacturing PMI surges in Oct’25
Codelco reduces 2025 copper production guidance European demand, EV growth support copper outlook Base metals prices on the London Metal Exchange (LME) inched down d-o-d, with copper decreasing by 1.76% to $10,664/tonne (t). Meanwhile, inventories at LME-registered warehouses registered mixed movements, with lead recording the highest decline of 1.97%. Domestic market overview In India’s non-ferrous…