{"id":12142,"date":"2026-04-27T15:42:25","date_gmt":"2026-04-27T15:42:25","guid":{"rendered":"https:\/\/intelligence.inhedge.mx\/?p=12142"},"modified":"2026-04-27T15:42:27","modified_gmt":"2026-04-27T15:42:27","slug":"base-metals-split-on-geopolitics","status":"publish","type":"post","link":"https:\/\/intelligence.inhedge.mx\/en\/metals\/base-metals-split-on-geopolitics\/","title":{"rendered":"Base metals split on geopolitics"},"content":{"rendered":"<div class=\"mp_wrapper\">\n  <div class=\"mepr-unauthorized-excerpt\">\n    <p>Base metals are trading in a tug of war between geopolitical supply risk and demand headwinds, with copper and aluminum diverging sharply this week even as both sit on structural deficit narratives. LME aluminum is holding above $3,600\/t near four year highs, with the cash bid around $3,613\/t at the close of the April 21 [&hellip;]<\/p>\n  <\/div>\n  <div class=\"mepr-unauthorized-message\">\n    <p>Para seguir leyendo este an\u00e1lisis, inicia sesi\u00f3n o reg\u00edstrate.<\/p>\n<p>Como miembro de InHedge Intelligence, tendr\u00e1s acceso a nuestro Dashboard Interactivo, curvas forward, reportes t\u00e9cnicos completos, datos de oferta y demanda, y an\u00e1lisis de mercado de Henry Hub, HSC, Waha, Mt. Belvieu, cobre, aluminio y otros Commodities estrat\u00e9gicos.<\/p>\n<p><a href=\"https:\/\/intelligence.inhedge.mx\/en\/sign-up\/\">Solicita acceso aqu\u00ed.<\/a><\/p>\n  <\/div>\n  <div class=\"mepr-login-form-wrap\">\n            \n<div class=\"mp_wrapper mp_login_form\">\n                  <!-- mp-login-form-start -->     <form name=\"mepr_loginform\" id=\"mepr_loginform\" class=\"mepr-form\" action=\"https:\/\/intelligence.inhedge.mx\/en\/login\/\" method=\"post\">\n            <div class=\"mp-form-row mepr_username\">\n        <div class=\"mp-form-label\">\n                              <label for=\"user_login\">Username or E-mail<\/label>\n        <\/div>\n        <input type=\"text\" name=\"log\" id=\"user_login\" value=\"\" \/>\n      <\/div>\n      <div class=\"mp-form-row mepr_password\">\n        <div class=\"mp-form-label\">\n          <label for=\"user_pass\">Password<\/label>\n          <div class=\"mp-hide-pw\">\n            <input type=\"password\" name=\"pwd\" id=\"user_pass\" value=\"\" \/>\n            <button type=\"button\" class=\"button mp-hide-pw hide-if-no-js\" data-toggle=\"0\" aria-label=\"Show password\">\n              <span class=\"dashicons dashicons-visibility\" aria-hidden=\"true\"><\/span>\n            <\/button>\n          <\/div>\n        <\/div>\n      <\/div>\n            <div>\n        <label><input name=\"rememberme\" type=\"checkbox\" id=\"rememberme\" value=\"forever\" \/> Remember Me<\/label>\n      <\/div>\n      <div class=\"mp-spacer\">&nbsp;<\/div>\n      <div class=\"submit\">\n        <input type=\"submit\" name=\"wp-submit\" id=\"wp-submit\" class=\"button-primary mepr-share-button \" value=\"Log In\" \/>\n        <input type=\"hidden\" name=\"redirect_to\" value=\"\/en\/wp-json\/wp\/v2\/posts\/12142\" \/>\n        <input type=\"hidden\" name=\"mepr_process_login_form\" value=\"true\" \/>\n        <input type=\"hidden\" name=\"mepr_is_login_page\" value=\"false\" \/>\n      <\/div>\n    <\/form>\n    <div class=\"mp-spacer\">&nbsp;<\/div>\n    <div class=\"mepr-login-actions\">\n        <a\n          href=\"https:\/\/intelligence.inhedge.mx\/en\/login\/?action=forgot_password\"\n          title=\"Click here to reset your password\"\n        >\n          Forgot Password        <\/a>\n    <\/div>\n\n      \n    <!-- mp-login-form-end --> \n  <\/div>\n      <\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Base metals are trading in a tug of war between geopolitical supply risk and demand headwinds, with copper and aluminum diverging sharply this week even as both sit on structural deficit narratives. LME aluminum is holding above $3,600\/t near four year highs, with the cash bid around $3,613\/t at the close of the April 21 [&hellip;]<\/p>\n","protected":false},"author":87,"featured_media":11504,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[46,45,9],"tags":[],"class_list":["post-12142","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-aluminum","category-copper","category-metals"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.4 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Base metals split on geopolitics - InHedge Intelligence<\/title>\n<meta name=\"description\" content=\"Aluminum and copper outlook for 2026 shows sharp divergence as Hormuz tensions tighten supply while copper inventories climb above 1.3 million tonnes.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/intelligence.inhedge.mx\/en\/metals\/base-metals-split-on-geopolitics\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Base metals split on geopolitics - 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