Tag: Daily round-up: Base metals gains amid tight inventories; oil eased on higher OPEC+ output

China’s low inventories continue supporting copper spot premiums Vedanta aluminium output rises 5% to 0.63 mnt Base metals on the London Metal Exchange (LME) traded mostly higher on 3 July 2026, with zinc leading gains among major non-ferrous metals. Zinc rose 1.55% d-o-d to $3,541/t, followed by nickel, which increased 1.07% to $16,424/t. Lead and…