Arab Today, arab today lme base metals close mix on weak sentiment
Last Updated : GMT 12:18:19
Arab Today, arab today
Arab Today, arab today

LME base metals close mix on weak sentiment

Arab Today, arab today

Arab Today, arab today LME base metals close mix on weak sentiment

London Metal Exchange (LME)
London - XINHUA

Base metals were mixed on Friday on the London Metal Exchange (LME), Copper edging lower on stronger dollar, weak sentiment.
Copper hit a fresh four-and-a-half-year low prices after China's annual consumer inflation hovered at a near five-year low of 1.5 percent in December. China is the largest copper consumer in the world, which accounts for 45 percent of global copper demand.
The three-month unofficial copper price dropped 20 U.S. dollars, or 0.33 percent, to 6,097.5 dollars per tonne.
In other metals, The three-month unofficial aluminium price was up 29.5 dollars, or 1.64 percent, to 1,826 dollars a tonne.
The three-month unofficial lead price lost 11 dollars, or 0.59 percent, to 1,843 dollars a tonne.
The three-month unofficial zinc price was up 6 dollars, or 0.28 percent, to 2,162 dollars a tonne.
The three-month unofficial nickel price was up 152.5 dollars, or 1.00 percent, to 15,462.5 dollars a tonne.
The three-month unofficial tin price lost 225 dollars, or 1.14 percent, to 19,500 dollars a tonne.

 

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