Tag: copper oversupply

Global copper stocks hit 23-year high Indian zinc ingot prices surge sharply higher LME base metals traded on a mixed trend w-o-w, with aluminium recording the strongest gain of 3.52% to $3,706/t, followed by lead rising 0.80% to $2,006/t and zinc inching up 0.07% to $3,545/t. In contrast, nickel prices declined 0.16% to $18,550/t, while…