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Macro

LME copper falls $168 to $13,844/tonne; aluminium gains $17

LME copper closed down $168 at $13,844 per tonne, while aluminium rose $17 to $3,064 per tonne and zinc slipped $14 to $3,793 per tonne. The mixed close left copper and zinc lower on the session, with aluminium the sole gainer among the three base metals.

Original source

AI take

The split between copper and aluminium matters more than the size of either move: copper's decline alongside zinc points to softer industrial demand sentiment, while aluminium's modest gain suggests its own supply-demand balance is holding up better. For anyone tracking base metals as an RWA or macro proxy, the divergence is the signal — these metals are no longer moving as a bloc. Whether aluminium can keep decoupling from copper and zinc is the open question, and a single session is thin evidence either way.

Generated by AI for reference only.

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