Tag: MCX
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Base metal prices on LME witness mixed trends
Base metals prices on LME witnessed varied trends. The highest drop was seen in zinc, down 3.2%. Meanwhile, stocks witnessed outflows. U.S. manufacturing and construction slowed in May, signalling economic sluggishness, potential interest rate cuts, and mixed sector performance. Eurozone manufacturing showed signs of improvement as new orders declined at their slowest pace in two…