LME base metals close mixed on Friday

The base metals prices on the London Metal Exchange (LME) closed mixed Friday amid weak sentiment across commodities.

IMF spokesman Gerry Rice announced on Thursday night that its delegation had abandoned negotiations in Brussels, claiming that there are "major differences" between creditors and Greece "in most key areas."

"Time is running out if any agreement is to be reached: not only is the repayment of 1.6 billion euros (1.8 billion U.S. dollars) to the IMF due at the end of the month - the second aid program for Greece also officially comes to an end then," Commerzbank said in a note.

In the metals, the three-month unofficial copper price was up 15 U.S. dollars, or 0.26 percent, to 5,887.5 U.S. dollars per tonne.

In other metals, the three-month unofficial aluminium price was up 7.5 U.S. dollars, or 0.43 percent, to 1,742 U.S. dollars a tonne. The three-month unofficial lead price lost 31 U.S. dollars, or 1.64 percent, to 1,855 U.S. dollars a tonne.

Meanwhile, the three-month unofficial zinc price was up 5.5 U.S. dollars, or 0.26 percent, to 2,128 U.S. dollars a tonne.

The three-month unofficial nickel price lost 195 U.S. dollars, or 1.47 percent, to 13,075 U.S. dollars a tonne. The three-month unofficial tin price lost 325 U.S. dollars, or 2.15 percent, to 14,800 U.S. dollars a tonne. Endit