Tag: zinc demand
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Base metals prices on LME show positive trends driven by US Fed rate cuts
Base metals prices on the London Metal Exchange (LME) exhibited positive trends in yesterday’s session, with lead experiencing the largest rise of 1.8%. Meanwhile, metal stocks at LME-registered warehouses majorly witnessed outflows, except for zinc, which saw an inflow of 1.92% to 251,850 tonnes (t). Prices of most base metals rose on Thursday, buoyed by…