Tag: Hormuz supply disruption impact

LME base metals rally amid renewed buying momentum

May 21, 2026

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by

Pranjaly

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

Copper leads LME rally, rising nearly 2% d-o-d Brazil extends scrutiny on aluminium plate imports Base metals prices on the London Metal Exchange (LME) extended gains on 20 May 2026 amid improved market sentiment. Copper led the uptrend, rising 1.82% d-o-d to $13,656/t, while zinc gained 1.21% to $3,556/t. Lead, nickel and aluminium also moved…