Tag: non ferrous
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Base metals prices on LME rise by up to 3.2% amid China stimulus speculations
Base metals prices on the London Metal Exchange (LME) experienced notable gains on Tuesday, 23 January, fuelled by speculations surrounding potential stimulus measures in China. Aluminium, in particular, saw a substantial rise of 3.2%. Three-month aluminium futures gained by 3.2% to settle at $2,228/tonne (t), nickel prices rose by 1.9% to $16,306/t, copper prices settled…