Tag: Nickel
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Daily round-up: LME base metals mixed; aluminium inventories fall as supply disruptions persist
China copper output declines as concentrate shortages deepen Iran blockade threat keeps oil prices supported LME base metals traded mixed on 13 August. Zinc recorded the sharpest decline, falling 1.78% d-o-d to $3,752/t. Aluminium followed, down 1.57% to $3,259/t. Lead slipped 1.20% to $1,887/t, while nickel eased 1.01% to $16,776/t. Meanwhile, copper edged higher by…