LONDON (Scrap Monster): London Metal Exchange (LME) copper declined on Thursday after data from top consumer China showed manufacturing activity continued to contract, while prices came under more pressure as a poor reading from France pushed the euro down against the dollar.
Manufacturing in China contracted for an 11th month in a row in September, according to a private sector survey of factory managers that indicated the world's second largest economy remains on track for a seventh quarter of slowing growth.
Steel is the only metal showed a positive trend on LME market on Thursday, rose by 1.53% to $325 per metric ton.
LME Price Highlights:
--Aluminium alloy declined 1.48% to $1995 a metric ton
--Aluminium declined 1.31% to $2095 per metric ton
--Copper declined 1.47% to $8200 a metric ton
--Lead dipped 1.93% to $2227 per metric ton
--Nickel declined 1.01% to $17595 per metric ton
--Tin declined 4.41% to $20550 per metric ton
--Zinc dipped 1.73% to $2068 a metric ton
– Steel rose 1.53% to $325 per metric ton
The LME metal prices in US $ per metric ton as on September 20, 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 |
1995.00 |
2095.00 |
8200.00 |
2227.00 |
17595.00 |
20550.00 |
2068.00 |
330.00 |
|
Cash seller |
1995.50 |
2096.00 |
8202.00 |
2229.00 |
17600.00 |
20575.00 |
2068.50 |
335.00 |
|
3 M buyer |
2015.00 |
2110.00 |
8215.00 |
2236.50 |
17625.00 |
20525.00 |
2098.00 |
335.00 |
|
3 M seller |
2025.00 |
2111.00 |
8220.00 |
2237.00 |
17650.00 |
20550.00 |
2099.00 |
345.00 |
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- Zorba 90% NF
- 0.71
- 0

- 304 SS Solid
- 0.67
- +0.01


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