Tag: commodity market analysis
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LME base metals trade mixed d-o-d; Gulf tensions, supply risks shape market outlook
Gulf conflict threatens European aluminium supply Indonesia approves plan to impose export taxes on nickel Base metals on the London Metal Exchange (LME) traded mixed d-o-d as of close of trading on 26 March, indicating divergent market sentiment across metals. Aluminium edged up 0.83% to $3,270/t, while zinc remained largely stable with a marginal gain of…