LME base metal prices gain
Metal Recycling News | 2012-02-23 01:14:00 | By Paul Ploumis
London Metal Exchange base metal prices continued up trend on Wednesday.
LONDON (Scrap Monster): London Metal Exchange base metal prices continued up trend on Wednesday.
London copper futures rose 0.79 percent and zinc remain steady at $2006 a metric ton on Wednesday. All other base metals also headed in positive direction.
LME Price Highlights:
--Aluminium alloy advanced 1.90% to $ 2135.50 a metric ton
--Aluminium gained 1.65% to $2211 per metric ton
--Copper gained 0.79% to $8390.50 a metric ton
--Lead advanced 0.6% to $ 2069 per metric ton
--Nickel advanced 0.55% to $20095 a metric ton
--Tin advanced 0.65% to $ 23745 per metric ton
--Zinc steady at $2006 a metric ton
--Steel gained 2.21% to $485 per metric ton
The LME metal prices in US $ per metric tonne as on February 22, 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 | 2135.50 | 2211.00 | 8390.50 | 2069.00 | 20095.00 | 23900.00 | 2006.00 | 485.00 |
Cash seller | 2136.00 | 2212.00 | 8391.00 | 2070.00 | 20100.00 | 23950.00 | 2007.00 | 486.00 |
3 M buyer | 2175.00 | 2252.00 | 8409.00 | 2100.00 | 20155.00 | 23950.00 | 2029.00 | 510.00 |
3 M seller | 2185.00 | 2253.00 | 8410.00 | 2102.00 | 20160.00 | 24000.00 | 2030.00 | 520.00 |