Off the wire
Roundup: Massive nationwide strikes to hit Finland Friday  • S. Africa to champion African Agenda 2063 at FOCAC Summit  • Czech gov't is ready to deploy army to Czech-Austrian border  • Ukraine seeks further reduction of Russian gas price  • Swiss railways reports more passengers, declining freight in first half of 2015  • Chinese-Tibetan bilingual training base for procurators inaugurated  • Eurozone employment up 0.3 pct in Q2  • U.S. stocks tick up despite downbeat data  • Chinese company joins UK's 5G development efforts  • Brunei public urged to avoid open burning  
You are here:   Home

LME base metals mixed ahead of Fed meeting

Xinhua, September 16, 2015 Adjust font size:

Base metals prices on the London Metal Exchange (LME) were mixed Tuesday amid increased caution ahead of the Federal Open Market Committee meeting this week.

The Fed's policy board will decide whether to raise the Federal Funds rate, which would be the first such increase in nearly a decade.

In the metals, the three-month unofficial copper price was up 21.5 U.S. dollars, or 0.41 percent, to 5,327.5 U.S. dollars per tonne.

In other metals, the three-month unofficial aluminium price lost 15.5 U.S. dollars, or 0.95 percent, to 1,610.5 U.S. dollars a tonne. The three-month unofficial lead price was up 15 U.S. dollars, or 0.90 percent, to 1,686 U.S. dollars a tonne.

Meanwhile, the three-month unofficial zinc price lost 31 U.S. dollars, or 1.76 percent, to 1,731 U.S. dollars a tonne. The three-month unofficial nickel price was up 30 U.S. dollars, or 0.30 percent, to 9,990 U.S. dollars a tonne.

The three-month unofficial tin price was at 15,550 U.S. dollars a tonne, unchanged with the previous trading day. Endit