30/4/2025, 9:16:03 am

Metals range-bound as trade tensions soften; US data in focus

London metals showed limited movement as U.S.-China trade tensions eased. Copper fell 0.4% to $9,403/ton, while aluminum, zinc, and nickel saw minor shifts. U.S. economic data and Fed policy expectations loom. Trump reduced auto tariff impacts, and China exempted some U.S. products, signaling de-escalation. Shanghai copper inventories dropped 32%, supporting prices.