Tag: dollar strengthening

Base metals prices, stocks on LME show negative trends

Dec 18, 2024

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by

Manya Dewangan

in Aluminium, Copper, Lead, Nickel, Non Ferrous, Zinc

Japan’s exports swell by 3.8% y-o-y in Nov’24 US manufacturing output up 0.2% m-o-m in Nov Base metals prices on the London Metal Exchange (LME) showed negative trends, with nickel decreasing by 1.31% d-o-d. Meanwhile, inventories at LME-registered warehouses witnessed outflows, with nickel stocks decreasing by 2.1% d-o-d. Zinc prices fell 0.76% d-o-d, driven by…