Tag: Non-ferrous metal market
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Base metals prices on LME see downtrend barring lead; stocks witness outflows
Base metals prices, excluding aluminium, on the London Metal Exchange (LME) witnessed a downward trend barring lead. Meanwhile, the stocks at the LME registered warehouses saw outflows barring nickel. Three-month aluminium futures dipped by 3.4% to $2,579/tonne (t), while nickel prices were at $19,006/t (down 3.7%). Copper prices settled at $9,706/t, while zinc edged down…