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Tag: LME stocks

  • Commodity Market

Copper Fell Amid A Notable Rise In LME Stocks

Mahalakshmi@fastura.com1 year ago02 mins

Due to a large volume of warehouse supplies authorized by the London Metal Exchange (LME), copper prices closed yesterday at 847.85, slightly lower by -0.24%. The Shanghai Futures Exchange is tracking inventories, and while they decreased last week, they are still high at 322,910 tonnes, indicating persistent supply issues. On the other hand, imports from…

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  • Commodity Market

Zinc fell as China’s Imports of Concentrated Zinc Slowed Down

Mahalakshmi@fastura.com1 year ago02 mins

China’s sharp decline in zinc concentrate imports during the first four months of the year had an impact on zinc, which finished yesterday at 259.9, down -0.12%. China’s imports of zinc concentrates decreased by 24% from the same time the previous year, which was a sharp reversal of the pattern observed in 2022 and 2023,…

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