Tag: global oil market update

LME base metals prices remain rangebound d-o-d; aluminium hits 3-year high on supply worries

Oct 23, 2025

—

by

Aditi Sen

in Aluminium, Copper, Lead, Nickel, Non Ferrous

India reassesses Russian oil imports after sanctions Chinese production curbs continue to tighten aluminium supply Base metals prices on the London Metal Exchange (LME) remained rangebound d-o-d, with aluminium increasing by 1.08% to $2,813/tonne (t). Meanwhile, inventories at LME-registered warehouses registered negative movements d-o-d, with zinc recording the highest decline of 5.30%. Domestic market overview…