Arabtoday - Tag

LME

Nickel, zinc surge as industry heavyweights meet

London - Arab Today

Nickel and zinc struck major peaks this week on expectations of keen demand for both industrial metals, analysts said. The pair were also catapulted higher as industry bigwigs descended on the British capital for London Metal Exchange (LME) Week, an annual sector event that finished on Friday. "It is base metals primarily in the spotlight this week as the industryRead more

Copper falls to 8 week low

London - Arab Today

Copper prices fell to eight-week lows on Wednesday as rising inventories in Asian warehouses fueled fears about weaker demand ahead in top consumer China. A stronger dollar, eroding the purchasing power of commodity buyers outside the US, and slide in oil prices also pressured industrial metals prices. Benchmark copper on the London Metal Exchange (LME) was down 1 percent atRead more

LME base metals decrease on Monday

london - XINHUA

The base metals prices on the London Metal Exchange (LME) closed lower on Monday. The three-month unofficial copper price dropped 12 U.S. dollars, or 0.25 percent, to 4,701 U.S. dollars per tonne. The three-month unofficial aluminium price lost 19 U.S. dollars, or 1.17 percent, to 1,599 U.S. dollars a tonne. The three-month unofficial lead price lost 16 U.S. dollars, orRead more

LME base metals increase on Monday

London - XINHUA

The base metals prices on the London Metal Exchange (LME) closed higher on Monday. The three-month unofficial copper price increased 34 U.S. dollars, or 0.74 percent, to 4,651 U.S. dollars per tonne. The three-month unofficial aluminium price increased 6.5 U.S. dollars, or 0.42 percent, to 1,546.5 U.S. dollars a tonne. The three-month unofficial lead price increased 1 U.S. dollars, orRead more

LME base metals decrease on Tuesday

London - XINHUA

The base metals prices on the London Metal Exchange (LME) decrease on Tuesday. The three-month unofficial copper price dropped 19 U.S. dollars, or 0.40 percent, to 4,696 U.S. dollars per tonne. The three-month unofficial aluminium price lost 15 U.S. dollars, or 0.95 percent, to 1,556 U.S. dollars a tonne. The three-month unofficial lead price lost 5.5 U.S. dollars, or 0.32Read more

LME base metals mostly decrease on Monday

London - XINHUA

The base metals prices on the London Metal Exchange (LME) mostly closed lower on Monday. The three-month unofficial copper price dropped 50 U.S. dollars, or 0.99 percent, to 4,997.5 U.S. dollars per tonne. The three-month unofficial aluminium price lost 2 U.S. dollars, or 0.12 percent, to 1,651 U.S. dollars a tonne. The three-month unofficial lead price lost 43.5 U.S. dollars,Read more

LME base metals close mixed on Thursday

London - XINHUA

The base metals prices on the London Metal Exchange (LME) mostly closed mixed on Thursday. The three-month unofficial copper price increased 23.5 U.S. dollars, or 0.48 percent, to 4,970.5 U.S. dollars per tonne. The three-month unofficial aluminium price increased 12 U.S. dollars, or 0.74 percent, to 1,630 U.S. dollars a tonne. The three-month unofficial lead price increased 5 U.S. dollars,Read more