Tag: commodity price trends
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Base metals prices on LME show mixed trends; stocks see outflows
China cancels export tax rebates on aluminium, copper Vedanta to boost aluminium smelting capacity to 3 mnt/y Base metals prices on the London Metal Exchange (LME) showed mixed trends, with aluminium witnessing the highest gain of 5.29% d-o-d. Meanwhile, stocks at LME-registered warehouses witnessed negative movements, except for zinc, which increased by 2.67% d-o-d. Aluminium…