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 |
2175.00 |
8324.00 |
2056.50 |
19985.00 |
23745.00 |
2006.00 |
474.50 |
|
Cash seller |
2096.00 |
2175.50 |
8325.00 |
2057.00 |
19990.00 |
23750.00 |
2006.50 |
475.50 |
|
3 M buyer |
2135.00 |
2219.50 |
8328.00 |
2086.00 |
20100.00 |
23775.00 |
2026.00 |
504.50 |
|
3 M seller |
2140.00 |
2220.00 |
8329.00 |
2087.00 |
20125.00 |
23825.00 |
2027.00 |
507.50 |




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