LME base metals rose, and copper prices are expected to record a weekly gain.

On Friday, April 11, base metals on the London Metal Exchange (LME) rose, with copper prices expected to record a weekly gain. The three-month benchmark LME copper futures contract increased by 1.56% to $9,128 per mt, up more than 3% compared to last Friday's closing price. A base metal trader stated, "Market uncertainty persists, primarily due to the unpredictability of trade policies and tariffs. As a result, investors remain cautious, continuously concerned that trade tensions could lead to an economic downturn." The most-traded copper futures contract on the Shanghai Futures Exchange (SHFE) rose by 1.8% to 75,230 yuan per mt. SHFE aluminum increased by 0.41% to 19,695 yuan per mt, SHFE zinc rose by 1.25% to 22,660 yuan per mt, SHFE lead climbed by 1.14% to 16,825 yuan per mt, SHFE nickel surged by 1.95% to 121,300 yuan per mt, and SHFE tin jumped by 3.62% to 257,450 yuan per mt. LME three-month aluminum futures rose by 1.05% to $2,395 per mt, three-month lead futures increased by 0.9% to $1,909 per mt, three-month tin futures climbed by 1.15% to $31,010 per mt, three-month zinc futures rose by 1.38% to $2,677.5 per mt, and three-month nickel futures surged by 2.65% to $15,190 per mt.