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LME base metals prices mostly up; copper bucks the trend

LME base metals prices mostly up; copper bucks the trend
9 May 2025 @ 08:22 UTC

The London Metal Exchange base metal complex was mostly positive, with lead gaining the most at $1,972 per tonne in morning trading on Friday May 9 and copper the only metal to lose ground by just 0.11%.These were the three-month futures prices at 9:07am on Friday compared with Thursday’s 5pm close:
* Copper: $9,421.50 per tonne, down by 0.11%
* Aluminium: $2,434 per tonne, up by 0.88%
* Nickel: $15,650 per tonne, up by 0.73%
* Zinc: $2,649 per tonne, up by 1.13%
* Lead: $1,972 per tonne, up by 1.39%
* Tin: $31,940 per tonne, up by 0.2%
Base metals stock movements in LME-registered warehouses on Friday morning:
* Total copper stocks: 191,775 tonnes (down by 2,500 tonnes)
* Total aluminium stocks: 403,550 tonnes (down by 2,025 tonnes)
* Total nickel stocks: 197,670 tonnes (down by 642 tonnes)
* Total zinc stocks: 170,325 tonnes (down by 325 tonnes)
* Total lead stocks: 253,425 tonnes (down by 1,725 tonnes)
* Total tin stocks: 2,705 tonnes (down by 50 tonnes)
The US Dollar Index was 100.40 at 9:08am on Friday; it was 100.58 at the 5:21pm close on Thursday May 8.
A special LME market report will be published later on Friday.