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LIVE: Base Metals Rally As China Ramps Up Economic Support | Commodities Corner
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Prices of most base metals are rallying as China rolled out more measures to support its yuan and property market, a key demand sector for metals. Beijing has issued a raft of measures to revive its crisis-hit property market. Base metals that form raw material for contstruction activity are seeing a good run up. Iron ore prices are at a 5-week high, Steel at 1 month high, while Aluminum at 3-week high. Manisha Gupta discusses trade in base metals with Navneet Damani of Motilal Oswal on this edition of commodity corner
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#commodities #wheat #elnino
Moneycontrol is India's leading financial and business portal with in-depth market coverage, analysis, expert opinions, and a gamut of financial tools.
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