Prices across base metals on the London Metal Exchange (LME) showed a mixed trend in the latest session, with copper and zinc recording strong gains, while aluminium, lead and tin came under pressure.
Copper emerged as the top performer, rising 4.46% to $13,705 per tonne. The metal also posted solid gains across timeframes, with a 4.39% rise over the past week, 8.14% gain over one month, and a sharp 25.39% increase over three months. On a longer horizon, copper prices are up 40.85% over six months and 50.39% over one year, highlighting sustained strength.
Zinc prices advanced 2.30% to $3,453 per tonne. The metal recorded a 5.63% weekly gain, while rising 10.32% over one month and 13.42% over three months. Zinc is also up 23.52% over six months and 24.10% over the past year, indicating steady upward momentum.
Nickel traded marginally higher, gaining 0.43% to $18,520 per tonne. The metal has climbed 17.51% over one month and 20.22% over three months, while remaining up 20.85% over six months and 20.22% year-on-year.
On the downside, aluminium prices slipped 0.92% to $3,233.50 per tonne, despite remaining higher over longer periods. Aluminium is up 8.27% over one month, 12.67% over three months, and nearly 24% over six months and one year.
Tin saw the sharpest decline of the session, falling 4.04% to $54,500 per tonne. However, tin continues to show strong medium- and long-term performance, with gains of 36.22% over one month, 50.95% over three months, and 80.79% over one year.
Lead prices edged lower by 0.79% to $2,011 per tonne, with modest declines across short-term periods, while remaining marginally higher over six months and one year.
Overall, the LME metals complex reflected divergent trends, with copper and zinc leading gains, while aluminium, tin and lead faced selling pressure during the session.
