Category: Nickel

LME base metals gain momentum; supply tightening offsets macro uncertainty

May 6, 2026

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by

Pranjaly

in Aluminium, Copper, Lead, Nickel, Non Ferrous, Zinc

US crude holds steady amid easing Gulf tensions Copper gains strategic appeal on AI-driven demand outlook Base metals on the London Metal Exchange (LME) showed a firm trend on 6 May 2026, with gains recorded across all major commodities amid improving market sentiment. Aluminium emerged as the top gainer, rising 1.92% to $3,590/t, followed by…