LME base metals rise mostly on Thursday
Xinhua, April 10, 2015 Adjust font size:
The base metal prices on the London Metal Exchange (LME) closed higher mostly on Thursday, as the rate-hike time of the U.S. Federal Reserve is still uncertain.
Fed policymakers had big divergences on the first rate hike, the Fed's minutes showed on Thursday.
Several Fed officials thought that the U.S. central bank would be able to raise interest rates in June, and the others thought a rate hike wouldn't be warranted until later in the year.
The three-month unofficial copper price increased 13 U.S. dollars, or 0.22 percent, to 6,004 dollars per tonne.
The three-month unofficial aluminium price increased 17.5 dollars, or 1.00 percent, to 1,766 dollars a tonne.
The three-month unofficial lead price increased 40 dollars, or 2.09 percent, to 1,956 dollars a tonne.
Besides, the three-month unofficial zinc price increased 24 dollars, or 1.12 percent, to 2,173 dollars a tonne.
The three-month unofficial nickel price lost 125 dollars, or 0.98 percent, to 12,612.5 dollars a tonne.
The three-month unofficial tin price lost 62.5 dollars, or 0.37 percent, to 16,675 dollars a tonne. Endit