LONDON (Scrap Monster): London Metal Exchange (LME) copper declined on Friday, hurt by a weak euro on concerns about the euro zone debt crisis and uncertainty about the outlook for demand from top user China.
LME copper prices moved down by 1.08% to $8120 a metric ton (mt) on Friday from $8209 per mt previously.
LME Price Highlights:
--Aluminium alloy declined 1.64% to $1790 a metric ton
--Aluminium rose 0.25% to $1976 per metric ton
--Copper declined 1.08% to $8120 a metric ton
--Lead declined 1.47% to $2134 per metric ton
--Nickel fell 0.75% to $17000 per metric ton
--Tin declined 0.11% to $21725 per metric ton
--Zinc slipped 1.61% to $1863 a metric ton
– Steel dipped 5.97% to $315 per metric ton
The LME metal prices in US $ per metric ton as on October 19, 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 |
1790.00 |
1976.00 |
8120.00 |
2134.00 |
17000.00 |
21725.00 |
1863.00 |
315.00 |
|
Cash seller |
1795.00 |
1976.50 |
8121.00 |
2134.50 |
17005.00 |
21730.00 |
1864.00 |
325.00 |
|
3 M buyer |
1810.00 |
2000.50 |
8124.00 |
2140.50 |
17065.00 |
21695.00 |
1905.00 |
325.00 |
|
3 M seller |
1820.00 |
2001.50 |
8125.00 |
2141.00 |
17070.00 |
21700.00 |
1906.00 |
335.00 |
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