Base Metal Prices Surge Amid Russian Ban and Supply Worries Base metal prices, including copper and aluminum, are climbing due to the London Metal Exchange’s ban on Russian metals and growing concerns over mine supply. Copper nears a two-year high at $10,395 per ton, driven by supply issues like the closure of the Cobre Panama mine and slower production growth. However, analysts caution that these disruptions alone don’t fully explain the price surge, and potential risks, such as changes in U.S. dollar strength and Chinese demand, could impact the market. « Previous Article Next Article » Share This Article Choose Your Platform: Facebook Twitter Google Plus Linkedin Related Posts Fed Holds Rates Steady, Hints at Easing Monetary Policy Soon READ MORE Declining Confidence in Credit Card Repayment Among Americans READ MORE Record Lows for Yen Trigger Stock Surge – But at What Cost? READ MORE China's Growing Gold Appetite READ MORE High Inflation Drives Mortgage Rates Above 7% READ MORE Add a Comment Cancel replyYour email address will not be published. Required fields are marked *Name * Email * Save my name, email, and website in this browser for the next time I comment. Comment