Note: Clients with AEGIS Platform access can see this and other research, plus hedge portfolio reporting and tools here.
- LME Aluminum 3M Select trades $-9 lower to $3259 at 8:34:49 AM
- LME Copper 3M Select trades $-165.75 lower to $14456.50 at 8:34:53 AM
- (Bloomberg) – Copper and other base metals retreated ahead of a weeklong holiday in China, as traders assessed the country’s demand outlook following slower growth in industrial profits. Earnings at industrial enterprises rose just 4.2% in August from a year earlier, after increasing 11% in July, marking the weakest growth since the data showed a decline last November, according to the statistics bureau on Monday. China’s National Day holiday, meanwhile, runs from Oct. 1-7. Benchmark copper futures slipped as much as 1.6% on the London Metal Exchange, after capping a second weekly advance on Friday. The metal has rallied this year after bets the Trump administration will slap tariffs on refined metal triggered an increase in US imports, squeezing markets elsewhere. While signs of supply tightness in the Chinese market has sustained copper not far from record levels, traders are closely monitoring macro drivers. Consumption and investment have softened, business confidence is sluggish, and the government has kept the reins on fiscal spending. In the US, investors largely expect a rate hike from the Federal Reserve in October, which would typically damp demand for industrial commodities.
- CME HRC Steel last traded at $1237 and $0 lower at 9/25/2026
Price Indications
Today's Charts
Metals Factor Matrix
AEGIS Factor Matrices: Most important variables affecting metals prices
Important Disclosure: Indicative prices are provided for information purposes only, and do not represent a commitment from AEGIS Hedging Solutions LLC ("Aegis") to assist any client to transact at those prices, or at any price, in the future. Aegis makes no guarantee to the accuracy or completeness of such information. Aegis and/or its trading principals do not offer a trading program to clients, nor do they propose guiding or directing a commodity interest account for any client based on any such trading program. Certain information in this presentation may constitute forward-looking statements, which can be identified by the use of forward-looking terminology such as “edge,” “advantage,” “opportunity,” “believe” or other variations thereon or comparable terminology. Such statements are not guarantees of future performance or activities.