Tag: MCX

LME base metals prices continue bullish trends; stocks witness outflow barring nickel

Apr 5, 2024

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by

Neha TU

in Aluminium, Copper, Non Ferrous

Base metals prices on the London Metal Exchange (LME) saw significant increases following encouraging macroeconomic data from China, with all metals trading higher by the 5 pm closing on Thursday, 4 March. Meanwhile, stocks at LME-registered warehouses witnessed outflows barring nickel. Three-month aluminium futures inched up by 0.6% to $2,444/tonne (t), while nickel prices were…