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LME copper rose about 1% on Tuesday as a rebound in AI-related stocks and firm demand from China, the world’s largest copper consumer, supported prices. A stronger dollar limited gains. ING strategist Eva Mante said the AI-led rebound underpins coppe

2026-10-28

LME copper rose about 1% on Tuesday as a rebound in AI-related stocks and firm demand from China, the world’s largest copper consumer, supported prices. A stronger dollar limited gains. ING strategist Eva Mante said the AI-led rebound underpins copper on expectations that AI infrastructure expansion will boost demand. Supply remains tight: LME inventories increased last week but are heavily concentrated in North America, prompting concerns of shortages Elsewhere, while Shanghai Futures Exchange copper stocks fell more than 25%.

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2026-10-28

Industry sources said passage permits for the Kerch Strait, linking the Black Sea and the Sea of Azov, will be issued through Nov. 15.

Industry sources said passage permits for the Kerch Strait, linking the Black Sea and the Sea of Azov, will be issued through Nov. 15.
2026-10-28

LME stocks: aluminum -200 tonnes, zinc -1,025 tonnes, nickel -1,404 tonnes, copper -1,275 tons, tin +35 tons, lead -2,000 tons.

LME stocks: aluminum -200 tonnes, zinc -1,025 tonnes, nickel -1,404 tonnes, copper -1,275 tons, tin +35 tons, lead -2,000 tons.
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