Tag: weekly metals market report
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Weekly round-up: LME base metals weaken; Indian spot prices decline across key metals
Indian aluminium prices fall on weak demand, lower LME Indian copper cathode prices drop despite falling LME inventories LME base metals showed a broadly weaker trend during the week ended 16 October, as a stronger US dollar, subdued demand expectations and profit-taking weighed on market sentiment. Aluminium fell 1.5% to $3,002/t, while copper declined 0.9%…