Copper Loses Nearly 5% of Its Value in November

January 07, 2025

A monthly tracking report issued by the London Metal Exchange (LME) shows most of the nonferrous metals traded on the exchange lost value this November, with cobalt and aluminum alloys proving to be exceptions. Tin showed the biggest decline in value at 7.6 percent, followed by nickel, which lost 6.3 percent in value in November. Copper joined the list of beleaguered metals by dropping 4.9 percent of its value last month. Zinc (-3.3 percent) and lead (-2.3 percent) also declined in price.

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