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LME Copper Rises 0.5% Today, Down 1.8% This Week; EU's 15% Aluminum Export Tax Lifts Prices

2026-06-26 16:41:41

XCU1.14%

XAL0.19%

LME copper rose 0.5% to $13,345.50 per ton today, though it dipped to $13,083 intraday, with the week tracking a decline of approximately 1.8%—the worst weekly performance since May 1. LME aluminum climbed 0.8% to $3,189 per ton, supported by the European Union's plan to impose a 15% export tax starting September, according to the Financial Times. Both LME copper and Shanghai copper stocks fell to multi-month lows, with LME inventory dropping to 336,475 tons and Shanghai copper stockpile declining 5.7% week-on-week to 135,732 tons.

Disclaimer: The information on this page may come from third-party sources and is for reference only. It does not represent the views or opinions of Gate and does not constitute any financial, investment, or legal advice. Virtual asset trading involves high risk. Please do not rely solely on the information on this page when making decisions. For details, see the Disclaimer.

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