Tag: Middle East supply risks

LME base metals prices show mixed trends; Gulf tensions keep outlook cautious

Mar 30, 2026

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by

Pranjaly

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

Aluminium up 0.8% as inventories decline on LME India scrap strengthens; geopolitics and demand concerns weigh Base metals on the London Metal Exchange (LME) showed mixed trends d-o-d as of close of trading on 27 Mar’26 reflecting divergent trends across the complex. Aluminium increased 0.81% to $3,296/t, while zinc rose 1.09% to $3,115/t and copper…