Chinese aluminum exports surged in May, helping fill a global shortage caused by war in the Middle East. Crude oil imports continued to slump, dropping to an eight-year low, as the conflict chokes shipments from major producers.
Chinese aluminum exports surged in May, helping fill a global shortage caused by war in the Middle East. Crude oil imports continued to slump, dropping to an eight-year low, as the conflict chokes shipments from major producers.
Aluminum jumped to the highest in more than four years as fears of output cuts in top producer China compounded continuing disruptions in the Middle East.
Aluminum jumped to the highest in more than four years as fears of output cuts in top producer China compounded continuing disruptions in the Middle East.
One kilogram copper bars at a wholesale metal market in Mumbai, India, on Thursday, Jan 8, 2026. The race for artificial intelligence and surging defense spending are set to intensify a projected shortage of copper as producers struggle to expand, according to a new study by S&P Global. Photographer: Dhiraj Singh/Bloomberg
Industrial metals headed for their best monthly gain since January after the US and Iran reached a tentative deal to extend their ceasefire by 60 days.
Industrial metals headed for their best monthly gain since January after the US and Iran reached a tentative deal to extend their ceasefire by 60 days.
Copper swung between gains and losses in a mixed session for metals, after the US carried out fresh strikes in the Persian Gulf and a deal to end the war with Iran remained elusive.
Copper swung between gains and losses in a mixed session for metals, after the US carried out fresh strikes in the Persian Gulf and a deal to end the war with Iran remained elusive.
One kilogram copper bars at a wholesale metal market in Mumbai, India, on Thursday, Jan 8, 2026. The race for artificial intelligence and surging defense spending are set to intensify a projected shortage of copper as producers struggle to expand, according to a new study by S&P Global. Photographer: Dhiraj Singh/Bloomberg
Copper fell to a three-week low as fresh fighting in the Middle East raised concern around faster inflation, higher interest rates and slower economic growth.
Copper fell to a three-week low as fresh fighting in the Middle East raised concern around faster inflation, higher interest rates and slower economic growth.
Metals from aluminum to zinc dropped after tensions in the Middle East escalated and expectations for US rate hikes weighed on the demand outlook for commodities.
Metals from aluminum to zinc dropped after tensions in the Middle East escalated and expectations for US rate hikes weighed on the demand outlook for commodities.
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