LME prices gain on Monday
Metal Recycling News | 2012-02-07 00:41:07 | By Paul Ploumis
London Metal Exchange Base metal prices advanced on monday.
LONDON (Scrap Monster): London Metal Exchange Base metal prices advanced on monday.
All base metals heading in positive direction and steel futures continued steady at $493 per metric ton.
LME Price Highlights:
--Aluminium Alloy dipped 2.81% to $ 2070 a metric ton
--Aluminium advanced 0.78% to $2175 per metric ton
--Copper gained 1.76% to $8462 a metric ton
--Lead gained 0.86% to $2165 per metric ton
--Nickel advanced 1.56% to $21100 a metric ton
--Tin advanced 1.64% to $24370 per metric ton
--Zinc gained 1.53% to $2119.50 a metric ton
--Steel continue steady at $493 per metric ton
The LME metal prices in US $ per metric tonne as on February 6,2011. 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 | 2070.00 | 2175.00 | 8462.00 | 2165.00 | 21100.00 | 24370.00 | 2119.50 | 493.00 |
Cash seller | 2080.00 | 2175.50 | 8463.00 | 2165.50 | 21105.00 | 24375.00 | 2120.00 | 494.00 |
3 M buyer | 2090.00 | 2217.00 | 8490.00 | 2200.00 | 21195.00 | 24395.00 | 2137.50 | 495.00 |
3 M seller | 2100.00 | 2218.00 | 8491.00 | 2202.00 | 21200.00 | 24400.00 | 2138.00 | 505.00 |