Tag: copper market news
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LME base metal prices edge higher d-o-d; nickel rally offsets stock builds
Copper gains alongside continued warehouse inflows US supply tightness keeps aluminium premiums elevated Base metals prices on the London Metal Exchange (LME) edged higher on 22 January, with modest gains recorded across most of the complex. Aluminium prices rose 0.24% to $3,115/t, while LME stocks increased 5.01% to 507,175 t, pointing to fresh inventory inflows.…