TREE NEWS reports: London Metal Exchange copper closed $88 higher at $14,748 a tonne, while nickel rose $314 to $16,632 and tin gained $270 to $54,214. Aluminium slipped $2 to $3,265, zinc fell $16 to $3,910, lead was flat at $1,936 and cobalt was unchanged at $39,640.
LME base metals close mixed; copper up $88 to $14,748/t, nickel jumps $314
AI take
The split session matters more than the headline move: copper, nickel and tin gained while aluminium, zinc and lead were flat to lower, suggesting the bid was concentrated rather than broad-based. Nickel's outsized jump stands out against cobalt holding steady, a divergence worth noting given both sit in the battery-metals complex. Whether that nickel strength persists without cobalt following is the open question for readers tracking base-metals direction.
Generated by AI for reference only.
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