Tag: metals and oil market news
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LME base metals prices range-bound d-o-d; copper steadies near record highs as US-China tensions ease
Aluminium scrap stays stable across Indian hubs Oil prices drop on OPEC output hike prospects Base metals prices on the London Metal Exchange (LME) remained range-bound d-o-d, with zinc increasing by 0.98% to $3,055/tonne (t). Meanwhile, inventories at LME-registered warehouses registered mixed movements d-o-d, with copper recording the highest gain of 2.37%. Domestic market overview…