Base metals prices, stocks on LME show mixed trends
Base metals prices on the London Metal Exchange (LME) saw contrasting movements today, with nickel declining by 1.89% d-o-d. Meanwhile, metal stocks at LME-registered warehouses also showed mixed trends, with copper rising by 1.64% d-o-d. In India's non-ferrous markets, domestic copper armature scrap was at INR 740,000/t ex-Delhi. Aluminium tense remained stable with ex-Delhi-NCR prices at INR 174,000/t and ex-Chennai at INR 175,000/t.