LME base metals mostly close down on Monday
Xinhua, November 17, 2015 Adjust font size:
The base metals prices on the London Metal Exchange (LME) mostly closed lower on Monday, triggered by market risk aversion in the wake of the terror attacks in Paris in which 129 people were killed.
France has intensified airstrikes against the Islamic State (IS) in retaliation for the Paris terror attacks for which the group has claimed responsibility.
Market risk aversion boosted the U.S. dollar index, weighing on dollar-denominated commodities.
The three-month unofficial copper price dropped 30 U.S. dollars, or 0.62 percent, to 4,808 U.S. dollars per tonne.
The three-month unofficial aluminium price lost 11 U.S. dollars, or 0.73 percent, to 1,495.5 U.S. dollars a tonne.
The three-month unofficial lead price increased 8 U.S. dollars, or 0.50 percent, to 1,619 U.S. dollars a tonne.
Besides, the three-month unofficial zinc price increased 11 U.S. dollars, or 0.68 percent, to 1,623 U.S. dollars a tonne.
The three-month unofficial nickel price lost 67.5 U.S. dollars, or 0.71 percent, to 9,445 U.S. dollars a tonne.
The three-month unofficial tin price increased 87.5 U.S. dollars, or 0.60 percent, to 14,725 U.S. dollars a tonne. Endit