Tag: MCX
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LME base metals prices witness positive trends barring zinc; stocks see outflows
Base metals prices on LME were positive barring zinc as of the last closing. The highest gain was seen in nickel with 2.1%. Meanwhile, LME base metal inventories saw outflows barring nickel. China’s central bank maintains MLF rate, indicating focus on currency stability amid economic challenges. Copper futures surge to record high at $5.02/lb, driven…