Tag: supply concerns mount
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LME base metals strengthen as copper surges, supply concerns mount
LME warehouse inventories largely remain stable Zinc supported by year-end trade, supply tightness Base metals prices on the London Metal Exchange (LME) rose sharply on 26 December, with broad-based gains across aluminium, nickel, copper, zinc, and lead. Aluminium prices rose 1.17% to $2,995/t, supported by firm sentiment, while nickel advanced 1.04% to $15,950/t. Copper posted…