Tag: Shanghai inventory drop
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LME base metal prices show positive trends, copper stocks up by 4%
Base metal prices on the London Metal Exchange (LME) mostly exhibited positive trends, with aluminium leading the gains with a 2.33% increase. However, copper prices declined by 0.52%. Despite these gains, metal stocks at LME-registered warehouses saw an overall decline, with copper being the only exception. LME nickel futures hit a record high, closing at…