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