Tag: geopolitical oil risks

LME base metals show divergent trends; Copper prices eye $12,000 amid strong demand

Dec 23, 2025

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by

Prerana Rout

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

Nickel hits near two-month high Oil prices dip on Venezuela, Russia risks Base metals prices on the London Metal Exchange (LME) showed a mixed trend, with strong gains in nickel offsetting declines in aluminium and lead. Nickel prices surged 3.20% d-o-d to $15,276/t, marking the biggest upside among base metals. Copper prices edged higher by…