Tag: geopolitics oil market

LME base metals show mixed trends as copper rallies; Nickel prices hit 15-month highs globally

Jan 8, 2026

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by

Aditi Sen

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

US manufacturing activity remains in contraction Global copper demand seen rising by 2040 Base metals prices on the London Metal Exchange (LME) moved mixed in the latest session, reflecting divergent price trends across the complex. Aluminium prices eased 1.29% to $3,089/t, while zinc declined 2.57% to $3,168/t and lead slipped 0.79% to $2,060/t. Nickel saw…