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The Weighbridge
The Weighbridge – 002
The Weighbridge | No.002
weekly market intelligence data – 1 September 2026
Aluminium rises. Copper holds near record highs.
Aluminium moved higher through the week, reaching around US$3,380/t, while copper held close to its record at US$14,535/t. Lead continued to grind higher, while steel remained steady around US$378/t.
NZD/USD
0.5959
▲ +1.4%
Firmed to a 9 week high
metals [...]
The Weighbridge – 001
The Weighbridge | No.001
weekly market intelligence data – 25 August 2026
COPPER EASES OFF
RECORD HIGHS
Copper touched a fresh all-time high mid-week before a sudden jump in LME warehouse stocks eased the squeeze. Nickel reversed higher on Indonesian quota uncertainty, aluminium eased further, and the NZ dollar pushed to a fresh multi-week high against the US dollar.
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