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Copper, Tin Fall With Base Metals on Renewed AI Stocks Selloff

Bloomberg Markets Tuesday 03 November 2026, 02:55 UTC By Bloomberg News 1 min read
Key Points

Commodities Copper, Tin Fall With Base Metals on Renewed AI Stocks Selloff Copper and tin fell with other industrial metals, as a renewed selloff in technology stocks in Asia weakened the demand outlook for materials used in data centers and to solder circuit boards. Both contracts dropped more than 1% on the London Metal Exchange as concerns persisted over spending and stretched valuations at artificial intelligence companies. Tin has plunged 10% this quarter, the worst performer among the...

Commodities Copper, Tin Fall With Base Metals on Renewed AI Stocks Selloff Copper and tin fell with other industrial metals, as a renewed selloff in technology stocks in Asia weakened the demand outlook for materials used in data centers and to solder circuit boards. Both contracts dropped more than 1% on the London Metal Exchange as concerns persisted over spending and stretched valuations at artificial intelligence companies. Tin has plunged 10% this quarter, the worst performer among the LME’s six major metals.
Asia (LOCATION) the London Metal Exchange (ORG) LME (ORG)
Originally published by Bloomberg Markets Read original →

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