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Vegoils futures traded mostly lower on Friday October 10 after Malaysian data showed higher-than-expected palm oil stocks and as crude prices plummeted on progress in peace talks in the Gaza Strip.
The copper concentrates benchmark faces historic uncertainty as market participants gather for LME Week 2025, with potential for negative treatment and refining charges and growing regional divergence shaping the next phase of copper pricing.
LME Week 2025 arrives amid supply disruptions, evolving carbon policies and tariff tensions that continue to reshape the copper, aluminium and zinc markets.
Teck Resources has again reduced its copper output forecasts through 2028 as production challenges persist at its Quebrada Blanca mine in Chile, reflecting a broader slowdown across the global copper industry. The company’s revised targets underline tightening supply conditions for the red metal.
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