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LME base metals close mixed on Wednesday

Xinhua, June 18, 2015 Adjust font size:

The base metals prices on the London Metal Exchange (LME) closed mixed on Wednesday.

The concerns about Greek debt crisis weighed on metals prices unceasingly. Greece's central bank warned it could face a "painful" default, an exit from the eurozone, as well as surging inflation.

"Failure to reach an agreement would mark the beginning of a painful course that would lead initially to a Greek default and ultimately to the country's exit from the euro area and from the European Union," the bank said.

The three-month unofficial copper price dropped 22.5 U.S. dollars, or 0.39 percent, to 5,742.5 U.S. dollars per tonne.

The three-month unofficial aluminium price increased 1 U.S. dollar, or 0.06 percent, to 1,707 U.S. dollars a tonne.

The three-month unofficial lead price lost 10 U.S. dollars, or 0.55 percent, to 1,798 U.S. dollars a tonne.

Besides, the three-month unofficial zinc price lost 22 U.S. dollars, or 1.05 percent, to 2,077 U.S. dollars a tonne.

The three-month unofficial nickel price increased 95 U.S. dollars, or 0.75 percent, to 12,810 U.S. dollars a tonne.

The three-month unofficial tin price increased 100 U.S. dollars, or 0.69 percent, to 14,675 U.S. dollars a tonne. Endit