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 U.S. Economy Defies Expectations with 2.8% Growth in Q2 READ MORE Affluent Americans Turn to High-End Bunkers as Political Fears Escalate READ MORE Yellen says U.S. Economic Performance 'Vindicates' Heavy COVID-Era Spending READ MORE Schmid: Inflation Close, But Rate Cut Uncertain Without More Data READ MORE Gold Maintains Momentum as Markets Await Crucial US Jobs Report READ MORE Add a Comment Cancel replyYour email address will not be published.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