TREE NEWS reports: London Metal Exchange copper closed $15 higher at $14,258 a tonne. Aluminium fell $22 to $3,100, zinc slipped $14 to $3,710, lead dropped $6 to $1,852, nickel lost $8 to $15,626 and tin declined $319 to $54,013. Cobalt was the other gainer, rising $105 to $39,245 a tonne.
LME copper closes up $15 at $14,258/t; aluminium, zinc, lead, nickel, tin fall
AI take
Copper and cobalt were the only gainers in a broadly softer base-metals session, a split that points to divergent demand narratives rather than a single macro move. Copper's marginal advance alongside falls in aluminium, zinc, lead, nickel and tin suggests the complex is trading on metal-specific fundamentals, with cobalt's larger gain standing out against that backdrop. Whether copper can hold its premium while the rest of the complex slides is the open question.
Generated by AI for reference only.
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