Arab Today, arab today lme base metals prices rise on monday
Last Updated : GMT 22:49:58
Arab Today, arab today
Arab Today, arab today

LME base metals' prices rise on Monday

Arab Today, arab today

Arab Today, arab today LME base metals' prices rise on Monday

LME base metals' prices rise
London - XINHUA

The base metals prices on the London Metal Exchange (LME) closed higher on Monday.

Copper price rose because of the supply shortage.

Chile-owned copper giant Codelco said striking workers damaged its Salvador mine, and talks to end a nearly three-week strike came to a halt.

Besides, reports said heavy rains in northern Chile forced some mines to stop operations.

The three-month unofficial copper price increased 70 U.S. dollars, or 1.35 percent, to 5,257 U.S. dollars per tonne.

The three-month unofficial aluminium price increased 11.25 U.S. dollars, or 0.70 percent, to 1,610.25 U.S. dollars a tonne.

The three-month unofficial lead price increased 38.5 U.S. dollars, or 2.25 percent, to 1,748 U.S. dollars a tonne.

Besides, the three-month unofficial zinc price increased 19 U.S. dollars, or 1.01 percent, to 1,894 U.S. dollars a tonne.

The three-month unofficial nickel price increased 252.5 U.S. dollars, or 2.31 percent, to 11,165 U.S. dollars a tonne.

The three-month unofficial tin price increased 325 U.S. dollars, or 2.12 percent, to 15,650 U.S. dollars a tonne.

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