TREE NEWS reports: LME copper closed $3 higher at $14,478 a tonne, while tin and cobalt posted the steepest declines. LME tin fell $744 to $50,717 a tonne and cobalt dropped $1,110 to $33,510. Zinc gained $22 to $3,864, aluminium slipped $14 to $3,073, lead lost $34 to $1,898 and nickel eased $24 to $15,605.
LME copper rises $3 to $14,478/t; tin and cobalt fall
The dispersion is the story: copper's marginal gain looks less like conviction than a market holding its ground while tin and cobalt absorb the session's selling. The size of those declines against copper's near-flat close suggests the pressure is concentrated in the smaller, more thinly traded metals rather than a broad industrial-demand repricing. Whether that split persists — copper steady while battery and electronics-linked metals keep sliding — is the open question.
Generated by AI for reference only.
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