LME base metal prices close lower on Thursday
Xinhua, January 30, 2015 Adjust font size:
Base metal prices on the London Metal Exchange (LME) closed lower on Thursday.
Base metals declined on Thursday on the expectation of a stronger U.S. dollar boosted by good economic data from the United States.
In the week ending Jan. 24, the advance figure for seasonally-adjusted initial jobless claims dropped by 43,000 to 265,000, hitting the lowest level since April 2000, the U.S. Labor Department said.
The three-month unofficial copper price dropped 70 U.S. dollars, or 1.28 percent, to 5,402.5 U.S. dollars per tonne.
The three-month unofficial aluminium price lost 41.5 U.S. dollars, or 2.23 percent, to 1,822.5 U.S. dollars a tonne.
The three-month unofficial lead price lost 29.5 U.S. dollars, or 1.57 percent, to 1,848 U.S. dollars a tonne.
The three-month unofficial zinc price lost 24 U.S. dollars, or 1.13 percent, to 2,091 U.S. dollars a tonne.
The three-month unofficial nickel price lost 100 U.S. dollars, or 0.67 percent, to 14,837.5 U.S. dollars a tonne.
The three-month unofficial tin price lost 50 U.S. dollars, or 0.26 percent, to 19,175 U.S. dollars a tonne. Endit