Tag: Daily round-up: Base metals decline; oil extends losses on easing tensions

CTA long liquidation weighs on copper price momentum. Continuous dollar strength pushes aluminium to four-month low. Base metals on the London Metal Exchange (LME) traded mostly lower on 1 July 2026, with zinc leading losses, declining 1.5% d-o-d to $3,500/t, followed by copper, which eased 0.57% to $13,300/t. Lead and aluminium also slipped 0.48% and…