LONDON (Commodity Online): London Metal Exchange Base metal prices show mixed trend on Thursday.
LME copper slipped on Thursday as gains in the past month kept Chinese buyers at bay and the euro zone debt crisis continued to weigh on sentiment, but upbeat global manufacturing data is expected to keep a floor under prices. Aluminium Alloy, Nickel, Zinc and Steel futures are heading in positive direction.
LME Price Highlights:
--Aluminium Alloy advanced 1.43% to $2120 a metric ton
--Aluminium dipped 0.85% to $2200 per metric ton
--Copper slipped 0.14% to $8338.50 a metric ton
--Lead dipped 1.17% to $2183.50 per metric ton
--Nickel gained 0.16% to $20900 a metric ton
--Tin dipped 0.02% to $24055 per metric ton
--Zinc gained 0.07% to $2092.50 a metric ton
--Steel gained 1.04% to $485 per metric ton
The LME metal prices in US $ per metric tonne as on February 2,2011. The figures in brackets refer to prices that prevailed on the previous day.
