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09 Feb 2012 Last updated at 00:33:26 GMT

LME Copper gains after two straight days of losses

LONDON (Scrap Monster): London Metal Exchange base metal prices showed up trend on Wednesday. LME Copper prices show high growth, after two straight days of losses, as investors were cautiously optimistic of an eventual agreement on details of a new Greek bailout package despite recent delays.

LME Price Highlights:

--Aluminium Alloy advanced 3.05% to $ 2190 a metric ton

--Aluminium advanced 2.94% to $2236 per metric ton

--Copper gained 3% to $8585.50 a metric ton

--Lead gained 3.05% to $2190 per metric ton

--Nickel advanced 2.48% to $21825 a metric ton

--Tin gained 5.78% to $25600 per metric ton

--Zinc gained 2.23% to $2128 a metric ton

--Steel dipped 1.03% to $477 per metric ton

The LME metal prices in US $ per metric tonne as on February 8, 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

2190.00
(2125.00)

2236.00
(2172.00)

8585.50
(8335.00)

2190.00
(2125.00)

21825.00
(21295.00)

25600.00
(24200.00)

2128.00
(2081.50)

477.00
(482.00)

Cash seller

2195.00
(2130.00)

2236.50
(2173.00)

8586.00
(8335.50)

2190.50
(2126.00)

21830.00
(21300.00)

25650.00
(24250.00)

2129.00
(2082.00)

478.00
(483.00)

3 M buyer

2200.00
(2155.00)

2275.00
(2215.00)

8606.00
(8361.00)

2222.00
(2158.00)

21875.00
(21370.00)

25650.00
(24250.00)

2143.50
(2095.00)

515.00
(510.00)

3 M seller

2205.00
(2160.00)

2277.00
(2216.00)

8607.00
(8362.00)

2223.00
(2160.00)

21880.00
(21375.00)

25700.00
(24300.00)

2144.00
(2096.00)

517.00
(510.50)

 

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