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Fastmarkets morning report: LME copper bounces, base metals broadly recover on Sept. 11

Fastmarkets’ live futures report for Sept. 11, 2025 recorded a recovery in base metals prices in early UK trading after a sharp correction the prior session. The three-month LME copper price was reported as having bounced back above recent lows, while aluminium, nickel and zinc also gained ground as stocks continued to move. Fastmarkets said three-month copper rose during the UK morning session and cited falling inventories and technical buying as supporting factors; the report noted copper stocks had net fallen by several thousand tonnes to roughly 208,425 tonnes in the latest snapshot. The bulletin listed other LME moves: three-month aluminium was reported up, nickel recovered some ground after steep losses, and zinc and tin also registered gains with inventories adjusting down in several locations. Fastmarkets’ note pointed to mixed macro signals — including currency moves and data releases — that left room for both dip-buying and further volatility, and flagged that scheduled U.S. inflation data could influence metals sentiment later in the week. The report was presented as a market snapshot for Sept. 11, 2025 assessing intra-day price and inventory developments across LME contracts.

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