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LME base metals close lower on Thursday

Xinhua, April 24, 2015 Adjust font size:

The base metal prices on the London Metal Exchange (LME) closed lower on Thursday as a result of the disappointing demand from China, the largest copper consumer in the world.

Reports said China's copper demand has been weaker than expected so far in 2015, but will recover in the latter half of this year.

The three-month unofficial copper price dropped 9 U.S. dollars, or 0.15 percent, to 5,931 U.S. dollars per tonne.

The three-month unofficial aluminium price lost 41.5 U.S. dollars, or 2.29 percent, to 1,769.5 U.S. dollars a tonne.

The three-month unofficial lead price lost 29 U.S. dollars, or 1.41 percent, to 2,028 U.S. dollars a tonne.

Besides, the three-month unofficial zinc price lost 12.5 U.S. dollars, or 0.56 percent, to 2,219.5 U.S. dollars a tonne.

The three-month unofficial nickel price lost 85 U.S. dollars, or 0.67 percent, to 12,627.5 U.S. dollars a tonne.

The three-month unofficial tin price lost 200 U.S. dollars, or 1.27 percent, to 15,525 U.S. dollars a tonne. Endit