Having watched metals markets on and off, over the years, a price rise is commonly preceded by falling warehouse stocks. This is the case for all base metals, on both LME and COMEX. So it looks like recent moves are speculator driven not by fundamental market supply and demand. Industrial byers are buying more metal. Tariff wars or not, his indicates real demand has been unaffected.
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Last
54.5¢ |
Change
-0.025(4.39%) |
Mkt cap ! $483.0M | |||
| Open | High | Low | Value | Volume |
| 56.5¢ | 57.0¢ | 54.0¢ | $850.6K | 1.531M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 10345 | 54.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 55.0¢ | 128622 | 11 |
View Market Depth
| Last trade - 14.21pm 30/06/2025 (20 minute delay) ? |
| MLX (ASX) Chart |