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22 Feb 2012 Last updated at 00:05:38 GMT

LME base metal prices remain positive

LONDON (Scrap Monster): London Metal Exchange base metal prices advanced on Tuesday.

London copper futures rose more than 1 percent on Tuesday after Greece struck a deal for a second bailout package to avoid a default next month, fuelling appetite for riskier assets.

LME Price Highlights:

--Aluminium alloy advanced 1.18% to $ 2095.50 a metric ton

--Aluminium gained 2.13% to $2175 per metric ton

--Copper gained 1.11% to $8324 a metric ton

--Lead advanced 1.43% to $ 2056.50 per metric ton

--Nickel advanced 1.99% to $19985 a metric ton

--Tin advanced 0.93% to $23745 per metric ton

--Zinc gained 2.87% to $2006 a metric ton

--Steel gained 2.15% to $474.50 per metric ton

The LME metal prices in US $ per metric tonne as on February 21, 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

2095.50
(
2071.00)

2175.00
(
2129.50)

8324.00
(
8232.00)

2056.50
(
2027.50)

19985.00
(
19595.00)

23745.00
(
23525.00)

2006.00
(
1950.00)

474.50
(
464.50)

Cash seller

2096.00
(
2072.00)

2175.50
(
2130.50)

8325.00
(
8234.00)

2057.00
(
2028.00)

19990.00
(
19600.00)

23750.00
(
23550.00)

2006.50
(
1951.00)

475.50
(
465.50)

3 M buyer

2135.00
(
2105.00)

2219.50
(
2178.00)

8328.00
(
8235.50)

2086.00
(
2059.50)

20100.00
(
19740.00)

23775.00
(
23575.00)

2026.00
(
1973.00)

504.50
(
485.00)

3 M seller

2140.00
(
2115.00)

2220.00
(
2178.50)

8329.00
(
8236.00)

2087.00
(
2060.00)

20125.00
(
19745.00)

23825.00
(
23600.00)

2027.00
(
1975.00)

507.50
(
495.00)

 

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