LME base metals prices mostly tick lower; copper retreats below $10,000/t

LME base metals prices mostly tick lower; copper retreats below $10,000/t
3 Jul 2025 @ 08:14 UTC

Most of the London Metal Exchange three-month base metals prices edged lower in morning trading on Thursday, July 3, with copper retreating below the $10,000 per tonne threshold that it briefly breached yesterday. These were the three-month futures prices at 9:10am on Thursday compared with Wednesday’s 5pm close:
* Copper: $9,995 per tonne, down by 0.18%
* Aluminium: $2,602 per tonne, down by 0.69%
* Nickel: $15,380 per tonne, up by 0.51%
* Zinc: $2,746 per tonne, down by 0.42%
* Lead: $2,070 per tonne, up by 0.51%
* Tin: $33,645 per tonne, down by 0.21%
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Base metals stock movements in LME-registered warehouses on Thursday morning:
* Total copper stocks: 94,325 tonnes (up by 1,075 tonnes)
* Total aluminium stocks: 356,975 tonnes (up by 350 tonnes)
* Total nickel stocks: 203,628 tonnes (down by 474 tonnes)
* Total zinc stocks: 112,675 tonnes (down by 750 tonnes)
* Total lead stocks: 265,900 tonnes (down by 2,250 tonnes)
* Total tin stocks: 2,165 tonnes (down by 50 tonnes)
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The US Dollar Index was 96.73 at 9:10am on Thursday; it was 96.87 at 5:23pm on Wednesday, July 2.