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LME Copper Falls $68 to $14,339/Ton; Nickel, Tin, Cobalt Move

LME copper closed $68 lower at $14,339 a ton, while nickel rose $166 to $15,529 and tin gained $455 to $50,839. Cobalt dropped $1,085 to $34,620, the steepest decline among the metals. Aluminum added $15 to $3,016, zinc rose $22 to $3,714 and lead edged up $7 to $1,896.

Original source

AI take

The split session matters more than copper's modest pullback: base metals were mixed, but cobalt's outsized drop stands apart and suggests pressure specific to that market rather than broad risk-off sentiment across the complex. Nickel and tin holding gains alongside softer copper points to rotation rather than a uniform move. Whether cobalt's decline extends while the other metals stay firm is the open question, and it is the clearest signal to watch for anyone tracking battery-metal exposure versus the wider LME complex.

Generated by AI for reference only.

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