TREE NEWS reports: London Metal Exchange copper closed down $189 at $13,399 per tonne, with nickel sliding $241 to $15,985 per tonne and aluminium off $20 at $3,010. Zinc shed $6 to $3,710 and lead gained $8 to $1,894, while tin rose $48 to $46,700 and cobalt was flat at $33,525.
LME copper falls $189 to $13,399/tonne; nickel down $241
AI take
The breadth of the decline across copper, nickel and aluminium, set against gains in tin and lead, points to rotation rather than a uniform risk-off move in industrial metals. Copper's drop carries the most weight given its role as a growth barometer, and the split between falling base metals and firmer tin and lead is the detail worth noting. Whether this divergence persists or converges into a broader move is the open question.
Generated by AI for reference only.
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