Tag: CBAM impact metals

LME base metals prices reveal mixed picture; selective support offset by global headwinds

May 4, 2026

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by

Pranjaly

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

Aluminium gains amid selective inventory tightening Oil prices ease after US move to support Hormuz shipping Base metals on the London Metal Exchange (LME) showed a mixed trend on 1 May 2026, with performance varying across commodities. Aluminium emerged as the key gainer, rising 1.38% to $3,522/t, while copper remained largely stable, inching up 0.07%…