Tag: Copper inventories
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Daily round-up: LME base metals trade mixed; physical tightness shapes non-ferrous markets
China’s July aluminium output and exports rise, weighing on prices Hormuz uncertainty lifts energy and supply-chain risks for Gulf aluminium LME base metals traded mixed on 18 August. Copper recorded the sharpest decline, falling 1.10% d-o-d to $14,158/t, followed by lead, which slipped 0.53% to $1,888/t. Nickel eased 0.27% to $16,834/t, while aluminium edged lower…