Tag: weekly commodity roundup
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Weekly round-up: LME base metals decline as Indian aluminium firms and copper prices decline
Stronger dollar, record Chinese aluminium output weigh on LME prices despite supply risks Copper cathode prices fall as LME inventory builds and Indian buyers delay purchases LME base metals faced pressure from a stronger US dollar, elevated US Treasury yields and uneven demand expectations. Aluminium weakened amid rising Chinese production and expectations of additional global…