TREE NEWS reports: London Metal Exchange copper closed down $210 at $14,413 per tonne. Aluminium fell $16 to $3,252, zinc dropped $47 to $3,852, lead slipped $27 to $1,902, nickel declined $150 to $16,179, tin fell $47 to $3,852, and cobalt lost $500 to $39,140 per tonne.
LME copper closes down $210 at $14,413/tonne; cobalt falls $500
AI take
The breadth of the decline matters more than any single move: copper, aluminium, zinc, lead, nickel, tin and cobalt all closed lower, which points to a broad-based repricing across industrial metals rather than a copper-specific story. Cobalt's sharper drop stands out given its role in battery supply chains, where RWA-linked commodity exposure has been expanding. Whether this synchronised softness persists across the next sessions, or narrows to specific metals, is the open question worth tracking.
Generated by AI for reference only.
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