Off the wire
Officials concerned over illegal migration from Kosovo into EU  • News Analysis: Italy's EU presidency pushes flexibility in economy  • Five suspects in army school attack arrested in Afghanistan  • Latvian annual inflation rate hits 0.6 pct in 2014  • Denmark names new women's national handball coach  • Central bank cuts Latvia's GDP growth forecast for 2015 to 2 pct  • British FTSE 100 rises due to slowdown in inflation  • US companies show interest to shale gas exploration tender in Lithuania: PM  • Three miners killed in Tanzania's Lake Zone mine collapse  • Urgent: Gold rallies for third session in row  
You are here:   Home

LME base metals drop mostly on Tuesday

Xinhua, January 14, 2015 Adjust font size:

The base metal prices on the London Metal Exchange (LME) closed lower mostly on Tuesday.

The falling oil prices weighed on base metals prices continually. The brent crude oil prices dropped 3.4 percent to 45.80 U.S. dollars a barrel during trading session on Tuesday, data from BBC showed.

The three-month unofficial copper price dropped 150 U.S. dollars, or 2.50 percent, to 5,855 U.S. dollars per tonne.

The three-month unofficial aluminium price lost 16.5 U.S. dollars, or 0.91 percent, to 1,801 U.S. dollars a tonne.

The three-month unofficial lead price lost 18 U.S. dollars, or 0.98 percent, to 1,825 U.S. dollars a tonne.

Besides, the three-month unofficial zinc price lost 34 U.S. dollars, or 1.59 percent, to 2,105 U.S. dollars a tonne.

The three-month unofficial nickel price lost 312.5 U.S. dollars, or 2.06 percent, to 14,825 U.S. dollars a tonne.

The three-month unofficial tin price rose 125 U.S. dollars, or 0.64 percent, to 19,625 U.S. dollars a tonne. Endit