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 Ukraine's Air Defense Plea Intensifies After Devastating Missile Strike READ MORE Gold Rally Continues nearing $2,500 with Traders Betting on Fed Rate Reductions READ MORE Gold Price Trades With a Positive Bias for the Sixth Straight Day READ MORE Republic Bank Shuts Down; FDIC Coordinates $10 Billion Asset Transfer to Fulton Bank READ MORE UAE Halts Operations at 32 Gold Refineries to Combat Money Laundering READ MORE Add a Comment Cancel replyYour email address will not be published.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