Base Metals Outlook

In the base metals counter, copper prices may remain stable. On Friday, copper prices reached a three-month high due to supply shortages and a recent decline in China’s economic data. Meanwhile, market participants are assessing the potential impact of U.S. President Donald Trump’s reciprocal tariff plan, which will not be implemented immediately. This plan has fueled concerns about a major global trade war.

Today’s Trading Range:

• Copper: 860-878

• Aluminum: 256-259 

• Lead: 176-183

• Zinc: 260-275

Note: Prices may remain volatile, so trade cautiously.