Tag: LME
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Base metals prices on LME see mixed trends; copper stocks gain
Base metals prices on LME witnessed mixed trends. Copper stock inflows rose over 14% reaching 155,850 t. U.S. retail sales barely rose in May, suggesting subdued economic activity, influenced by lower gasoline prices and cautious consumer spending. Chile’s Codelco met with BMW and ABB in Europe, discussing copper and lithium needs amid the global green…