SteelMint

Tag: copper squeeze 2025

  • LME base metals prices see positive trends d-o-d; oil prices decline

    LME base metals prices see positive trends d-o-d; oil prices decline

    —

    by

    Aditi Sen
    in

    Copper squeeze worsens amid falling LME stocks Oil dips as Israel-Iran truce announced Base metals prices on the London Metal Exchange (LME) saw positive trends d-o-d, with zinc increasing by 2.15% to $2,687/tonne (t). Meanwhile, inventories at LME-registered warehouses saw negative trends d-o-d, with copper recording the highest decline of 3.35%. Indian market overview In…