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AMT Insight – Commitment of Traders Report (COTR) – 15th April 2025

Base Metals Traders

Definition: the data in this report show LME non-risk reducing positions (ie speculative positions) held by Investment Funds and Other Financial Institutions  

April 15, 2025 - Carly Hughes

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Tin Rockets on DRC Rebel Rout

africa mining Tin

20 March 2025: LME tin prices have significantly outperformed the rest of the base metals complex so far this year, helped by decent demand conditions…

March 20, 2025 - Dan Smith

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Algo Models for Aluminium and Copper Outperform

algorithmic Copper Primary Aluminium

14 March 2025: Our algorithmic trading models continue to produce excellent results, with our model for aluminium jumping by 47% in the first ten months…

March 14, 2025 - Dan Smith

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US Recession Risks Ramp-up

Copper economics United states

6 March 2025: The US economy has performed well in recent years, but is now facing some significant challenges. Higher import tariffs are expected across…

March 6, 2025 - Dan Smith

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Nickel Bulls Give Up the Ghost

China Nickel stainless steel

27 February 2025: The nickel market is in the middle of a massive market glut and the listing of new brands by the LME has…

February 27, 2025 - Dan Smith

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Base Metals Get Electric Boost

battery China Electric vehicle

21 February 2025: Industrial metals demand is being boosted by rapid growth in sales of electric vehicles, including pure EVs and hybrids. Aluminium, copper and…

February 21, 2025 - Dan Smith

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Zinc: Miners Motor, as China Crumbles

China property Zinc

14 February 2025: Zinc prices outperformed in the second half of last year, but are now paying the price for this overexuberance, with a fall…

February 14, 2025 - Dan Smith

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Macroeconomics: US Caught in Global Trade Trap

Base Metals trade United states

7 February 2025: Donald Trump is threatening to raise tariffs for many countries, as a bargaining tool. The problem is that the country has become…

February 7, 2025 - Dan Smith

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Aluminium: Limited Upside, as Demand Deflates

China Primary Aluminium Russia

31 January 2025: LME aluminium prices outperformed the other base metals in the past year, helped by falling inventory levels and good growth in demand…

January 31, 2025 - Dan Smith

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