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23 Feb 2012 Last updated at 01:14:00 GMT

LME base metal prices gain

LONDON (Scrap Monster): London Metal Exchange base metal prices continued up trend on Wednesday.

London copper futures rose 0.79 percent and zinc remain steady at $2006 a metric ton on Wednesday. All other base metals also headed in positive direction.

LME Price Highlights:

--Aluminium alloy advanced 1.90% to $ 2135.50 a metric ton

--Aluminium gained 1.65% to $2211 per metric ton

--Copper gained 0.79% to $8390.50 a metric ton

--Lead advanced 0.6% to $ 2069 per metric ton

--Nickel advanced 0.55% to $20095 a metric ton

--Tin advanced 0.65% to $ 23745 per metric ton

--Zinc steady at $2006 a metric ton

--Steel gained 2.21% to $485 per metric ton

The LME metal prices in US $ per metric tonne as on February 22, 2011. The figures in brackets refer to prices that prevailed on the previous day.

Metals

Aluminium Alloy

Aluminium

Copper

Lead

Nickel

Tin

Zinc

Steel

Cash buyer

2135.50
(2095.50)

2211.00
(2175.00)

8390.50
(8324.00)

2069.00
(2056.50)

20095.00
(19985.00)

23900.00
(23745.00)

2006.00
(2006.00)

485.00
(474.50)

Cash seller

2136.00
(2096.00)

2212.00
(2175.50)

8391.00
(8325.00)

2070.00
(2057.00)

20100.00
(19990.00)

23950.00
(23750.00)

2007.00
(2006.50)

486.00
(475.50)

3 M buyer

2175.00
(2135.00)

2252.00
(2219.50)

8409.00
(8328.00)

2100.00
(2086.00)

20155.00
(20100.00)

23950.00
(23775.00)

2029.00
(2026.00)

510.00
(504.50)

3 M seller

2185.00
(2140.00)

2253.00
(2220.00)

8410.00
(8329.00)

2102.00
(2087.00)

20160.00
(20125.00)

24000.00
(23825.00)

2030.00
(2027.00)

520.00
(507.50)

 

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