LME base metal prices slip on Thursday

Metal Recycling News  |  2012-02-10 00:28:31   |   By

London Metal Exchange base metal prices slipped on Thursday. LME Copper eased 0.76% to $8520 a metric ton, after rising to five-month highs in the previous session. All other LME metals also futures heading in negative direction on Thursday.

LONDON (Scrap Monster): London Metal Exchange base metal prices slipped on Thursday. LME Copper eased 0.76% to $8520 a metric ton, after rising to five-month highs in the previous session. All other LME metals also futures heading in negative direction on Thursday.

LME Price Highlights:

--Aluminium Alloy dipped 0.45% to $ 2180 a metric ton

--Aluminium dipped 0.17% to $2232 per metric ton

--Copper dipped 0.76% to $8520 a metric ton

--Lead dipped 2.23% to $2141 per metric ton

--Nickel slipped 2.19% to $21345 a metric ton

--Tin dipped 1.73% to $25155 per metric ton

--Zinc slipped 0.98% to $2107 a metric ton

--Steel dipped 0.2% to $476 per metric ton

The LME metal prices in US $ per metric tonne as on February 9, 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

2180.00
(2190.00)

2232.00
(2236.00)

8520.00
(8585.50)

2141.00
(2190.00)

21345.00
(21825.00)

25155.00
(25600.00)

2107.00
(2128.00)

476.00
(477.00)

Cash seller

2180.50
(2195.00)

2232.50
(2236.50)

8520.50
(8586.00)

2141.50
(2190.50)

21350.00
(21830.00)

25160.00
(25650.00)

2108.00
(2129.00)

476.50
(478.00)

3 M buyer

2200.00
(2200.00)

2276.00
(2275.00)

8545.50
(8606.00)

2175.00
(2222.00)

21395.00
(21875.00)

25200.00
(25650.00)

2120.00
(2143.50)

506.00
(515.00)

3 M seller

2210.00
(2205.00)

2277.00
(2277.00)

8546.00
(8607.00)

2175.50
(2223.00)

21400.00
(21880.00)

25205.00
(25700.00)

2121.00
(2144.00)

516.00
(517.00)