Tag: South Africa border closure
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Base metals prices on LME show positive trends, stocks witness outflows
South Africa shuts key border crossing following floods Indian aluminium players to gain from global tailwinds Base metals prices on the London Metal Exchange (LME) showed positive trends, with lead recording the highest gain of 1.81% d-o-d. Meanwhile, inventories at LME-registered warehouses witnessed negative movements, with zinc decreasing by 1.20% d-o-d. COMEX market update Copper…