LME copper rises $128 to $13,896/ton; nickel falls $128

The split is the story: copper, aluminum and zinc firmed together while nickel gave back almost exactly what copper gained, pointing to metal-specific positioning rather than a broad risk-on move. That divergence matters for anyone reading LME moves as a single macro signal, since the complex is clearly trading on separate supply-demand threads. Whether copper's gain holds alongside a softer nickel tape, and whether lead and cobalt's flat closes signal a broader pause, is the open question.