Tag: ICSG copper surplus forecast

LME base metals prices show downtrend d-o-d

May 1, 2025

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by

Manya Dewangan

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

Copper prices slump amid oversupply concerns Glencore posts 30% fall in Q1 copper production Base metals prices on the London Metal Exchange (LME) declined d-o-d, with copper experiencing the highest drop of 3.34%. Meanwhile, inventories at LME-registered warehouses also saw a slight downtrend, with zinc recording a drop of 1.28% d-o-d. COMEX market Copper prices…