The Latest Breaking News from LME

Copper has been consolidating between $3.50 and $4.00 per pound since late April 2023. At just over $3.85 per pound on July 13, now could be the perfect time to begin buying copper as the prospects for higher prices remain compelling.

The base metals sector includes copper, aluminum, nickel, lead, zinc, and tin, the nonferrous metals that trade on the London Metals Exchange. While the CME’s COMEX division offers a liquid copper futures contract, the LME is the world’s leading base metals exchange. In Q2, base metals prices declined.

Many market participants remain bullish on the prospects for copper prices as Goldman Sachs and other analysts continue to call the red industrial metal the new crude oil. Copper is a critical input in green energy initiatives, boosting demand in an environment where inventories have declined, and new production will…

The base metals sector of the commodities market includes copper, aluminum, nickel, lead, zinc, and tin forwards that trade on the London Metals Exchange and copper futures that trade on the CME’s COME division. The base metals and industrial commodities sector declined in Q1 2023.

The base metals sector of the commodities market includes copper, aluminum, nickel, lead, zinc, and tin forwards that trade on the London Metals Exchange and copper futures that trade on the CME’s COME division. The base metals and industrial commodities sector declined in Q1 2023.

It's the second scandal involving fake nickel in as many months.

The price spike of 250% last March led to cancelled trades and the first suspension of dealing in decades

Exclusive: Labour Movement for Europe says there is ‘no excuse’ for leader failing to back closer ties – proposing trade, energy and security

HKEX’s London Metal Exchange wrongfully canceled trades in March price spike, American vulture fund alleges in U.K. lawsuit