TREE NEWS reports: London Metal Exchange copper closed down $40 at $14,578 per tonne. Aluminium fell $14 to $3,039/t, zinc lost $26 to $3,732/t, nickel slipped $32 to $15,587/t and tin dropped $1,442 to $51,767/t. Lead was the sole gainer among the base metals, rising $18 to $1,902/t, while cobalt closed flat at $39,345/t.
LME Copper Falls $40 to $14,578/t; Tin Drops $1,442
AI take
The standout here is tin, whose drop dwarfs the modest moves in copper, aluminium, zinc and nickel, suggesting the selloff is concentrated rather than a broad base-metals repricing. Lead's lone gain and cobalt's flat close reinforce that this is dispersion, not a uniform risk-off session. For RWA and commodity-linked markets, the question worth watching is whether tin's underperformance reflects metal-specific factors or the start of wider weakness in industrial metals.
Generated by AI for reference only.
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