LME base metals mostly higher on Thursday
Xinhua, July 3, 2015 Adjust font size:
The base metals prices on the London Metal Exchange (LME) were mostly higher on Thursday due to good U.S. economic data.
U.S. private employers hired the most workers in six months in June and factory activity picked up, providing fresh evidence the economy was gathering solid momentum after contracting at the start of the year.
In the metals, the three-month unofficial copper price was up 7 U.S. dollars, or 0.12 percent, to 5,802 dollars per tonne.
In other metals, the three-month unofficial aluminium price rose by 12 dollars, or 0.70 percent, to 1,738 dollars a tonne. The three-month unofficial lead price was at 1,789 dollars a tonne, unchanged from the previous trading day.
Meanwhile, the three-month unofficial zinc price lost 10 dollars, or 0.49 percent, to 2,041 dollars a tonne. The three-month unofficial nickel price was up 235 dollars, or 1.97 percent, to 12,175 dollars a tonne. The three-month unofficial tin price was up 75 dollars, or 0.52 percent, to 14,500 dollars a tonne. Endit