Tag: OPEC+ production increase

LME base metals prices range-bound d-o-d; copper steadies near record highs as US-China tensions ease

Oct 28, 2025

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by

Aditi Sen

in Aluminium, Copper, Lead, Nickel, Non Ferrous

Aluminium scrap stays stable across Indian hubs Oil prices drop on OPEC output hike prospects Base metals prices on the London Metal Exchange (LME) remained range-bound d-o-d, with zinc increasing by 0.98% to $3,055/tonne (t). Meanwhile, inventories at LME-registered warehouses registered mixed movements d-o-d, with copper recording the highest gain of 2.37%. Domestic market overview…