Tag: Non-ferrous metal market
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LME base metals face pressure amid dollar strength; Zinc stocks rise by over 4%
Base metals prices on the London Metal Exchange (LME) were under pressure barring nickel as of yesterday’s closing. Three-month prices on LME dropped by up to 1% with the highest drop recorded in copper. Meanwhile, stocks at LME registered warehouses witnessed inflows by over 4% barring nickel and copper. Three-month aluminium futures rose by 0.8%…