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LME base metals close mixed on Friday

Xinhua, May 16, 2015 Adjust font size:

The base metal prices on the London Metal Exchange (LME) closed mixed on Friday.

Although a softer U.S. dollar boosted some metals prices, the market is struggling for gloomy data from the United States, the second largest consumer of metals.

U.S. industrial production, an indicator of mines, factories and utilities output, decreased 0.3 percent in April for its fifth consecutive monthly loss, the U.S. Federal Reserve reported on Friday.

The three-month unofficial copper price increased 6 U.S. dollars, or 0.09 percent, to 6,412 U.S. dollars per tonne.

The three-month unofficial aluminium price lost 20 U.S. dollars, or 1.07 percent, to 1,852 U.S. dollars a tonne.

The three-month unofficial lead price lost 22 U.S. dollars, or 1.10 percent, to 1,975 U.S. dollars a tonne.

Besides, the three-month unofficial zinc price lost 25 U.S. dollars, or 1.08 percent, to 2,291 U.S. dollars a tonne.

The three-month unofficial nickel price increased 100 U.S. dollars, or 0.72 percent, to 13,950 U.S. dollars a tonne.

The three-month unofficial tin price increased 250 U.S. dollars, or 1.59 percent, to 15,925 U.S. dollars a tonne. Endit