All Posts Tagged With: "Lme"
Base Metals All Up
It was a banner day today for the base metals as copper, zinc, nickel, aluminum, and lead all rose. Copper rose slightly in early trading before falling to an intraday low at around 9am. Prices rallied, however, to finish at $3.7692/lb., up ¾ cents.
Base Metals See Red
The base metals were all in the red on Friday. Copper was all over the place, but stayed between $3.75 and $3.79, finishing near the lower part of the range, at $3.762/lb., down a penny and two-thirds.
Base Metals Up On Optimism
The base metals were mostly in positive territory on Thursday. Copper was flat until the New York open, then climbed higher through the morning, before easing to a finish at $3.787/lb., up more than 3 cents.
Copper Rallies on Peru
The base metals were mixed on Thursday. Copper sank during the pre-dawn hours but took off during the first hour of New York trading, before easing later in the day and finishing at $3.8466/lb., up 2¼ cents.
Base Metals Stuck
The base metals were mixed on Friday. Copper was flat until the late morning, then shot upward, peaking around noon before flattening out after that to finish at $3.6656/lb., up 5 cents.
Strong Dollar Hits Most Base Metals - But Nickel Rallies on Smelter Closure
The base metals were mostly in the red on Thursday. Copper declined from the pre-dawn hours through to mid-morning, then rallied to finish at $3.6157/lb., down just more than 2 1/3 cents. Nickel prolonged its recent resurgence, rising steadily to push back over the $11 mark, closing at $11.0873/lb., up 61 cents.
Base Metals Remain Stagnant
The base metals were mixed again on Wednesday. Copper sagged through the pre-dawn hours, but recaptured the lost ground during the New York session, finishing at $3.6395/lb., up a penny and a half.
Base Metals Mostly Higher
The base metals were mostly higher on Friday. Copper rose during the pre-dawn hours, peaking at $3.73 near the New York open, then slid for most of the rest of the day, finishing at $3.6965/lb., up 9 cents.
Base Metals Continue Weak - Huge Copper Surplus Predicted for 2009
The base metals were mixed again on Thursday. Copper sank during the pre-dawn hours and fought its way back during the New York session though it fell short of positive territory at $3.6068/lb., down more than a penny and a third.
Base Metals Remain Stagnant - Aluminum Fundamentals seen as Strong
The base metals were mixed on Monday. Copper was off in the pre-dawn hours but rallied back during the New York session yesterday, to finish little changed at $3.6665/lb., down just over a tenth of a cent.
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