Base metals prices on LME witness mixed trends, zinc sees highest stock outflow

Base metal prices on LME and stocks at registered warehouses exhibited mixed movements today. Zinc saw the highest decline of 1.32% d-o-d. It also saw the largest stock outflow, at 0.65% d-o-d. In India's non-ferrous markets, domestic copper armature scrap was at INR 738,000/t ex-Delhi. Aluminium tense scrap remained stable d-o-d, with ex-Delhi-NCR prices at INR 174,000/t, and ex-Chennai, at INR 175,000/t.