Press Enter to search · ESC to close

Macro

LME Copper Closes $6 Higher at $14,240/T; Nickel and Tin Slide

London Metal Exchange copper closed $6 higher at $14,240 a tonne, while most other base metals finished lower. Aluminium fell $40 to $3,253/t, zinc slipped $11 to $3,881/t, lead dropped $9 to $1,892/t and nickel lost $197 to $16,469/t. Tin slid $980 to $53,364/t and cobalt declined $530 to $41,850/t.

Original source

AI take

Copper's marginal gain stands out only because it defied a broad base-metals selloff, with nickel and tin posting the session's sharpest declines. That divergence matters for RWA and tokenized-commodity trackers that price off LME closes, since a flat-to-positive copper print alongside weaker industrial metals complicates any single "metals demand" narrative. The scale of tin's and cobalt's drops relative to copper is the detail worth watching: whether that dispersion persists or narrows is the open question.

Generated by AI for reference only.

Share

Related News

TREE NEWS share card
Long-press image above → Save to Photos / Share
Pitch us Feedback