London Metal Exchange Halts Trading in Multiple Metals Due to Technical Issue

The London Metal Exchange halted trading across multiple metal contracts, including copper, aluminum, zinc, and tin, starting around 2:44 p.m. local time due to an unspecified technical issue. The exchange acknowledged the problem and is working to resolve it promptly. This disruption occurred amid volatile market conditions influenced by geopolitical tensions affecting metal supplies. The LME plans to use a backup pricing method for closing prices, which may cause a pricing disruption event.