Thursday, October 5, 2006
Base metals prices rise on inventory declines
Story link: Base metals prices rise on inventory declines
by Brian Turner
by Brian Turner
In the metals markets on Thursday, copper added 3.8 percent to $7,300 per tonne after London Metal Exchange stockpiles declined by 2,550 tonnes. Zinc was also up, by 4 percent to $3,436, when LME inventories dropped by 1,625 tonnes. Nickel and aluminium prices were each 2.9 percent higher to $28,900 per tonne and $2,547.5 per tonne respectively.
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