LME base metals complex broadly up; copper price ticks up by 0.8%25

LME base metals complex broadly up; copper price ticks up by 0.8%

LME base metals complex broadly up; copper price ticks up by 0.8%
1 Jul 2025 @ 08:30 UTC

The London Metal Exchange three-month base metals prices were largely higher in morning trading on Tuesday, July 1, with the copper price reaching $9,947.50 per tonne and aluminium breaching $2,600 per tonne. These were the three-month futures prices at 9:27am on Tuesday compared with Monday’s 5pm close:
* Copper: $9,947.50 per tonne, up by 0.79%
* Aluminium: $2,609.50 per tonne, up by 0.46%
* Nickel: $15,220 per tonne, up by 0.03%
* Zinc: $2,727.50 per tonne, down by 0.88%
* Lead: $2,045 per tonne, unchanged
* Tin: $33,795 per tonne, up by 0.23%
Base metals stock movements in LME-registered warehouses on Tuesday morning:
* Total copper stocks: 91,250 tonnes (up by 625 tonnes)
* Total aluminium stocks: 348,625 tonnes (up by 2,875 tonnes)
* Total nickel stocks: 203,886 tonnes (down by 120 tonnes)
* Total zinc stocks: 114,900 tonnes (down by 2,575 tonnes)
* Total lead stocks: 270,075 tonnes (down by 1,850 tonnes)
* Total tin stocks: 2,220 tonnes (up by 45 tonnes)
The US Dollar Index was 96.64 at 9:28am on Tuesday; it was 97.01 at 5:30pm on Monday June 30.